TENTATIVE  DRAFT 


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UNIFORM  CLASSIFICATION  OF  ACCOUNTS 
FOR  NATURAL  GAS  COMPANIES 

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PREPARED  BY 


THE  PUBLIC  SERVICE  COMMISSION 


OF  THE 


COMMONWEALTH  OF  PENNSYLVANIA 


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Page. 

Letter  to  Natural  Gas  Companies .  7 

General  Definitions  and  Instructions .  8 

Natural  Gas  Utility  .  8 

Classification  of  Natural  Gas  Utilities  .  8 

General  Explanation  of  Accounting  Plan  .  8 

Account  Number .  10 

Method  of  Bookkeeping  .  10 

Accounting  Period  .  10 

Records  . .  10 

Affiliated  Companies  .  n 

Control  . 11 

Forms  of  Control  . 11 


Index  to  Balance  Sheet  Accounts  for  Classes  A  B  and  C  Natural 


Gas  Utilities  . 

Balance  Sheet  Accounts — Definitions  and  Instructions 

Balance  Sheet  Accounts . 

Assets  . 

Liabilities  . 

Debt  Discount  and  Expense . 


Contingent  Assets  and  Liabilities 

Capital  Stock  . 

Preferred  Stock  . 

Cumulative . 

Noncumulative  . 

Participating  . 

Nonparticipating . 

Common  Stock . 

Debt . 

Funded  Debt . . 

Unfunded  Debt  . . 


Text  Explanatory  of  Balance  Sheet  Accounts . 

% 

Index  to  Fixed  Capital  Accounts . 

Fixed  Capital  Accounts — Definitions  and  Instructions 
Fixed  Capital  . . . 


s*  Original  . 

»  Additions  . 

Betterments . 

H 

Replacements  . 

Required  Data  in  Fixed  Capital  Charges 
Land  . 


12 

15 

15 

15 

15 

15 

15 

15 

15 

16 
16 
16 
16 
16 
16 
16 
16 
17 
3S 
41 
41 
41 
41 
41 
41 

41 

42 


Cost  of  Land  .  42 

Structures  .  42 

Cost  of  Structures  .  43 

Equipment  .  43 

Cost  of  Equipment  .  43 


(3) 


4 


Contents. 

Text  Explanatory  of  Fixed  Capital  Accounts . 

Income  Accounts— Definitions  and  Instructions . . 

Income  Accounts  . 

Operating  Revenue  Accounts  . 

Operating  Expense  Accounts  . 

Operation  . 

Maintenance  . 

Repairs  . 

Cost . - . 

Labor  . 

Cost  of  Labor  . 

Expenses  . . 

Non  Operating  Revenue  Accounts  . 

Non  Operating  Expense  Accounts  . . 

Operating  Income  or  Loss  . 

Non  Operating  Income  or  Loss  . 

Gross  Income  . 

Net  Income  or  Loss  . 

Accounts  Chargeable  in  Natural  Gas  Sales  . •. . 

Index  to  Income  Accounts — I.  Operating  Revenue  Accounts . 

Prescribed  for  Classes  A  B  and  C  Natural  Gas  Utilities . 

Prescribed  for  “Class  B”  Natural  Gas  Utilities . 

Prescribed  for  “Class  C”  Natural  Gas  Utilities  . 

Text  Explanatory  of  Income  Accounts — I.  Operating  Revenue  Ac¬ 
counts  . 

Index  to  Income  Accounts — II.  Operating  Expense  Accounts  . 

Prescribed  for  Classes  A  B  and  C  Natural  Gas  Utilities . 

Prescribed  for  “Class  B”  Natural  Gas  Utilities . 

Prescribed  for  “Class  C”  Natural  Gas  Utilities . 

Text  Explanatory  of  Income  Accounts — II.  Operating  Expense  Ac¬ 
counts  . 

Index  to  Income  Accounts — III.  Non  Operating  Revenue  Accounts 

Prescribed  for  Classes  A  B  and  C  Natural  Gas  Utilities . 

Prescribed  for  “Class  B’’  Natural  Gas  Utilities  . 

Prescribed  for  “Class  C”  Natural  Gas  Utilities . 

Text  Explanatory  of  Income  Accounts — III.  Non  Operating  Revenue 

Accounts  . 

Index  to  Income  Accounts — IV.  Non  Operating  Expense  Accounts  .  . 

Prescribed  for  Classes  A  B  and  C  Natural  Gas  Utilities . 

Prescribed  for  “Class  B”  Natural  Gas  Utilities . 

Prescribed  for  “Class  C”  Natural  Gas  Utilities  . 

Text  Explanatory  of  Income  Accounts — 'IV.  Non  Operating  Expense 

Accounts  . 

Index  to  Income  Accounts — V.  Gross  Income  Deduction  Accounts  . . 

Prescribed  for  Classes  A  B  and  C  Natural  Gas  Utilities . 

Prescribed  for  “Class  B’’  Natural  Gas  Utilities . 

Prescribed  for  “Class  C”  Natural  Gas  Utilities . 

Text  Explanatory  of  Income  Accounts — V.  Gross  Income  Deduction 

\  '"'COUNTS  . 


Page. 

44 

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101  - 
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103 

107  *  • 

107 

108 

109 

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110 
113 

113 

114 

115 


116 


Contents. 


Page. 

Index  to  Income  Accounts — Net  Income  and  Net  Income  Appropria- 

tion  Accounts  .  120 

Prescribed  for  Classes  A  B  and  C  Natural  Gas  Utilities .  120 

Prescribed  for  “Class  B”  Natural  Gas  Utilities  . •  121 

Prescribed  for  “Class  C’’  Natural  Gas  Utilities  .  122 

Text  Explanatory  of  Income  Accounts — Net  Income  and  Net  Income 

Appropriation  Accounts  . 123 

Index  to  Surplus  Accounts  .  125 

Prescribed  for  Classes  A  B  and  C  Natural  Gas  Utilities .  125 

Prescribed  for  “Class  B”  Natural  Gas  Utilities  .  126 

Prescribed  for  “Class  C”  Natural  Gas  Utilities  .  127 

Text  Explanatory  of  Surplus  Accounts  .  12S 

Appendix  . .  . 133 

Balance  Sheet  Accounts  Prescribed  for  “Class  D”  Natural  Gas 

Utilities  . .  133 

Income  Accounts  Prescribed  for  “Class  D”  Natural  Gas  Utili¬ 
ties  . 135 

Surplus  Accounts  Prescribed  for  “Class  D”  Natural  Gas  Utili¬ 
ties  .  137 


THE  PUBLIC  SERVICE  COMMISSION  OF  THE 
COMMONWEALTH  OF  PENNSYLVANIA 

BUREAU  OF  ACCOUNTS  AND  STATISTICS 


Harrisburg,  Pa.,  October  7,  1018. 
To  the  Natural  Gas  Companies  of  Pennsylvania: 

The  Public  Service  Commission  of  the  Commonwealth  of  Pennsylvania,  acting 
through  its  Bureau  of  Accounts  and  Statistics,  under  authority  of  Article  V, 
Section  15,  of  The  Public  Service  Company  Law,  has  prepared  the  following 
tentative  draft  of  a  uniform  classification  of  accounts  for  natural  gas  compa¬ 
nies  which  is  submitted  to  them  for  their  criticisms  and  suggestions  as  a 
preliminary  step  in  the  adoption  of  such  a  classification  to  be  prescribed  later 
for  the  use  of  natural  gas  companies  in  Pennsylvania. 

The  term  natural  gas  company  or  utility  as  used  herein  means  any  body 
corporate,  joint  stock  company,  association,  its  lessees,  assignees,  trustees, 
receivers  or  other  successors  in  interest;  any  city,  borough,  town,  township, 
or  county;  and  any  individual,  partnership,  or  association  engaged  in  rendering 
natural  gas  services  within  the  Commonwealth  of  Pennsylvania. 

In  submitting  this  tentative  draff  to  natural  gas  companies  and  others,  the 
Commission  is  desirous  of  obtaining  from  them  criticisms,  suggestions  and 
recommendations  which  may  in  any  way  make  the  proposed  classification  most 
useful  to  the  utilities  and  to  the  Commission.  To  be  assured  of  proper  consid¬ 
eration  such  criticisms  and  suggestions  should  be  received  by  the  Bureau  of 
Accounts  and  Statistics  not  later  than  November  18,  1918. 

When  these  criticisms  and  suggestions  have  been  studied  by  this  Bureau,  it 
will  make  such  revision  of  this  tentative  draft  as  it  considers  necessary  and 
submit  a  revised  classification  to  the  Commission  and  also  make  known  to  the 
natural  gas  companies  and  others  the  respects  in  which  it  lias  amended  the 
tentative  draft.  The  Commission  will  then  set  a  date  for  a  formal  hearing 
at  which  any  natural  gas  company  or  any  one  else  may  appear  and  make 
objections  to  the  classification  of  accounts  as  it  then  stands.  When  these 
objections  have  been  fully  considered,  the  Commission  will  decide  upon  the 
classification  in  its  final  form  and  prescribe  it  for  the  use  of  natural  gas  com¬ 
panies  that  are  subject  to  its  regulation. 

The  Bureau  of  Accounts  and  Statistics  desires  to  acknowledge  the  assistance 
received  in  the  preparation  of  this  tentative  draft  from  the  classifications  pre¬ 
pared  by  the  Commissions  of  other  states  for  various  public  utilities,  the 
accounting  schemes  of  private  corporations  engaged  in  the  natural  gas  industry. 
Uniform  System  of  Accounts  of  the  American  Gas  Institute,  and  the  Tentative 
Scheme  of  Accounts  for  Natural  Gas  Companies  prepared  by  the  Natural  Gas 
Association  of  America.  It  also  desires  to  acknowledge  its  indebtedness  to 
those  companies  that  placed  their  men  and  facilities  at  the  disposal  of  the 
Bureau  for  an  exposition  of  the  field  and  similar  operations  of  the  natural  gas 
industry;  and  to  Mr.  H.  E.  Nease,  Statistician  of  the  Public  Service  Commission 
of  West  Virginia,  Mr.  E.  H.  Hanna,  Auditor  of  the  Public  Utilities  Commission 
of  Ohio,  and  certain  representatives  of  the  Natural  Gas  Association  of  America, 
all  of  whom  met  this  Bureau  in  conference  at  Pittsburgh  on  July  15th  and 
made  helpful  suggestions  in  regard  to  different  parts  of  this  classification. 

C.  .T.  JOYCE. 

Chief. 


(7) 


GENERAL  DEFINITIONS  AND  INSTRUCTIONS. 


Natural  Gas  Utility. 

In  this  classification  of  accounts  the  term  Natural  Gas  Utility  means  any 
“Public  Service  Company,”  as  defined  in  Article  I,  Section  1,  of  The  Public 
Service  Company  Law,  engaged  in  selling  natural  gas  within  the  Common¬ 
wealth  of  Pennsylvania.  It  includes  any  body  corporate,  joint  stock  company, 
association,  its  lessees,  assignees,  trustees,  receivers,  or  other  successors  in 
interest;  any  city,  borough,  town,  township,  or  county;  and  any  individual, 
partnership  or  association  engaged  in  the  natural  gas  business. 

The  expression  “the  utility”  as  used  herein  means  in  each  instance  any 
natural  gas  utility  that  is  required  to  keep  the  accounts  prescribed  in  this 
classification. 

Classification  of  Natural  Gas  Utilities. 

In  this  classification  of  accounts  natural  gas  utilities  are  divided  into  four 
classes,  as  follows : 

Class  A — Natural  gas  utilities  that  have  an  average  total  annual  operating 
revenue  of  more  than  $250,000.00. 

Class  B— Natural  gas  utilities  that  have  an  average  total  annual  operating 
revenue  of  more  than  $50,000.00  but  not  more  than  $250,000.00. 

Class  C — Natural  gas  utilities  that  have  an  average  total  annual  operating 
revenue  of  more  than  $5,000.00  but  not  more  than  $50,000.00. 

Class  D — Natural  gas  utilities  that  have  an  average  total  annual  operating 
revenue  of  $5,000.00  or  l*ss. 

If  any  company  or  individual  maintains  a  natural  gas  system  which  derives 
most  of  its  natural  gas  revenue  from  sales  of  its  gas  to  consumers  that  are 
affiliated  with  it,  or  if  any  company  which  maintains  a  natural  gas  system 
primarily  for  its  own  use  supplies  gas  tb  others  and  thereby  becomes  a  public 
service  company  within  the  meaning  of  The  Public  Service  Company  Law,  it 
may  with  the  consent  of  The  Public  Service  Commission  first  had  and  obtained 
keep  the  accounts  prescribed  for  “Class  D”  companies  provided  its  annual 
revenue  from  sales  of  gas  to  other  consumers  does  not  exceed  five  thousand 
dollars. 

General  Explanation  of  Accounting  Plan. 

In  this  classification  accounts  are  divided  into  the  following  main  divisions : 

Balance  Sheet  Accounts 
Fixed  Capital  Accounts 
Income  Accounts 
Surplus  Accounts 

Each  of  these  divisions  of  accounts  is  defined  in  the  section  of  this  classifica¬ 
tion  allotted  to  it. 

The  “Balance  Sheet  Accounts”  are  prescribed  alike  for  “Class  A”,  “Class  B”, 
and  “Class  C”  utilities.  Each  utility  in  each  of  these  classes  is  required  to 
record  its  assets  and  liabilities  in  the  appropriate  balance  sheet  accounts  pro¬ 
vided  in  this  classification. 

Special  balance  sheet  accounts  are  prescribed  for  “Class  D”  utilities  on 
pages  133  and  134.  The  utilities  in  “Class  D”  may  keep  the  balance  sheet 
accounts  prescribed  for  utilities  in  the  other  classes. 


u 


General  Definitions  and  Instructions. 


The  detailed  “Fixed  Capital  Accounts”  for  property  acquired  after  December 
31,  1918,  are  prescribed  alike  for  “Class  A”,  “Class  B”,  “Class  C”,  and  “Class  D” 
utilities.  Each  utility  in  each  of  these  classes  is  required  to  record  the  various 
items  of  fixed  capital  that  it  acquires  after  December  31,  1918,  in  the  appro¬ 
priate  fixed  capital  accounts  provided  in  this  classification. 

The  “Income  Accounts”  and  “Surplus  Accounts”  are  not  prescribed  alike 
for  the  different  classes  of  utilities.  A  minimum  number  of  accounts  is  pre¬ 
scribed  for  the  utilities  in  each  class.  Each  utility  in  each  class  is  required 
to  keep  this  minimum  number  of  accounts  in  so  far  as  such  accounts  apply 
to  its  activities.  Utilities  in  “Class  C”  may,  however,  keep  the  accounts  pre¬ 
scribed  for  “Class  B”  or  “Class  A”  utilities  and  likewise  utilities  in  “Class  B” 
may  keep  the  accounts  prescribed  for  utilities  in  “Class  A”. 

Special  “Income  Accounts”  on  pages  135  and  136  and  “Special  Surplus  Ac¬ 
counts”  on  page  137  are  prescribed  for  utilities  in  “Class  D”.  The  utilities 
in  “Class  D”  may  keep  the  income  and  surplus  accounts  prescribed  for  utilities 
in  the  other  classes. 

The  income  and  surplus  accounts  of  this  classification  which  are  defined 
and  which  are  assigned  specific  numbers  are  primarily  “Class  A”  accounts. 
Some  of  them,  however,  contain  information  which  should  be  kept  separately 
by  each  utility  regardless  of  its  class.  Such  accounts  are  therefore  prescribed 
alike  for  “Class  A”,  “Class  B”,  “Class  C”,  and  “Class  D”  utilities.  The  other 
income  and  surplus  accounts  prescribed  for  “Class  B”,  “Class  C”,  and  “Class  D” 
utilities  are  not  separately  defined.  They  are  the  result  of  combining  certain 
defined  “Class  A”  accounts  under  titles  that  are  each  descriptive  of  a  common 
characteristic  of  the  accounts  combined;  thus  in  an  account  entitled  “Metered 
Private  Sales”  “Class  C”  utilities  record  all  those  private  sales  which  “Class 
A”  utilities  record  separately  in  accounts  300  to  303  inclusive.  In  like  manner 
“Class  D”  utilities  record  in  an  account  entitled  “Private  Sales”  all  those 
private  sales  which  “Class  A”  utilities  record  in  accounts  300  to  303  inclusive, 
and  accounts  308  to  312  inclusive.  Any  “Class  C”  utility  therefore  will  find 
the  substance  of  its  “Metered  Private  Sales”  account  described  in  accounts  300 
to  303  inclusive  and  any  “Class  D”  utility  will  find  the  substance  of  its  “Private 
Sales”  account  described  in  accounts  300  to  303  inclusive  and  accounts  30S  to 
312  inclusive.  In  like  manner  the  content  of  any  other  account  prescribed  for 
“Class  D”,  “Class  C”,  or  “Class  B”  utilities,  which  is  not  separately  defined,  is 
described  in  the  various  “Class  A”  accounts  that  constitute  it. 

The  inter-relation  of  the  income  and  surplus  accounts  prescribed  for  “Class 
A”,  “Class  B”,  and  “Class  C”  utilities  is  shown  in  the  various  sections  of  the 
“Index  to  Income  Accounts  Prescribed  for  Classes  A  B  and  C  Natural  Gas 
Utilities”  and  the  “Index  to  Surplus  Accounts  Prescribed  for  Classes  A  B  and 
C  Natural  Gas  Utilities”.  In  each  of  these  indexes  each  account  which  the 
utilities  in  each  class  is  required  to  keep  is  designated  by  the  class  letter  of  the 
utility;  thus  “Class  C”  utilities  are  required  to  keep  all  those  accounts  that 
are  followed  by  the  designations  (Class  C),  (Classes  B  and  C),  or  (Classes  A 
B  and  C).  In  like  manner  “Class  B”  utilities  are  required  to  keep  the  accounts 
that  are  followed  by  the  designations  (Class  B),  (Classes  B  and  C),  or  (Classes 
A  B  and  C),  and  “Class  A”  utilities  are  required  to  keep  those  followed  by  the 
designations  (Class  A),  (Classes  A  and  B),  or  (Classes  A  B  and  C). 

Where  any  “Class  C”  or  “Class  B”  account  is  the  result  of  combining  certain 
“Class  A”  accounts  these  indexes  show  the  “Class  A”  accounts  combined  to 
make  the  “Class  C”  or  “Class  B”  account, 


1(1 


General  Definitions  and  Instructions. 

Special  indexes  which  show  the  income  and  surplus  accounts  which  are 
prescribed  for  “Class  C”  utilities  only  and  which  show  the  “Class  A’’  accounts 
which  constitute  these  “Class  C”  accounts,  are  provided. 

Like  special  indexes  are  also  provided  for  “Class  B”  utilities. 

Any  utility  may  subdivide  any  balance  sheet,  fixed  capital,  income,  or  surplus 
account  in  order  to  procure  information  which  it  may  desire  for  its  own  use 
provided  that  in  doing  so  it  does  not  impair  the  integrity  of  any  of  the  ac¬ 
counts  prescribed. 

A  utility  shall  not  open  an  account  which  is  not  prescribed  for  its  class 
until  it  has  obtained  permission  to  do  so  from  The  Public  Service  Commission. 

Account  Number. 

The  number  prefixed  to  any  account  title  in  this  classification  is  intended  to 
be  used  for  convenience  in  reference.  Any  such  number  need  not  be  treated 
as  a  part  of  the  account  title  to  which  it  is  prefixed. 

Method  of  Bookkeeping. 

Every  natural  gas  utility,  which  is  subject  to  “The  Public  Service  Company 
Law”  of  the  Commonwealth  of  Pennsylvania,  shall  on  and  after  January  1, 
P.ill),  keep  its  accounts  by  the  double  entry  method. 

This  requirement  does  not  apply  to  purely  statistical  accounts. 

Accounting  Period. 

It  is  desired  that  each  natural  gas  utility  select  the  month  as  its  accounting 
period  and  that  it  make  its  bookkeeping  entries  on  a  monthly  basis.  It  may 
select  a  three  month  or  any  other  base.  It  will,  ihowever.  be  required  to  close 
its  books  at  the  end  of  its  fiscal  year  which  under  ruling  of  The  Public  Service 
Commission  is  the  year  ending  December  thirty-first. 

Records. 

Each  natural  gas  utility  shall  so  keep  its  general  accounting  books,  and  all 
other  books  and  recoads  which  support  in  any  way  the  entries  to  such  account¬ 
ing  books,  that  it  can  furnish  at  any  time  full  information  as  to  any  account 
kept  by  it.  Moreover  it  shall  support  each  entry  to  each  account  with  such 
detailed  information  as  will  enable  a  ready  identification  and  verification  of  the 
facts  recorded  therein. 

The  records  referred  to  herein  include  not  only  accounting  records,  but  all 
other  records  such  as  minute  books,  etc.,  which  will  be  useful  in  developing 
the  history  of  any  of  the  utility’s  transactions. 

Each  natural  gas  utility  shall  not  destroy  or  otherwise  dispose  of  any  records 
which  support  entries  to  any  of  its  accounts  until  it  has  been  authorized  to  do 
so  by  The  Public  Service  Commission. 

Moreover  each  natural  gas  utility  is  required  under  Article  II,  Section  1,  (j), 
of  “The  Public  Service  Company  Law”  of  the  Commonwealth  of  Pennsylvania 
to  keep  all  books,  accounts,  records  and  memoranda  in  an  office  within  the  Com¬ 
monwealth  of  Pennsylvania.  Furthermore  it  shall  not  remove  any  of  them 
from  the  Commonwealth  except  upon  such  terms  and  conditions  as  The  Public 
Service  Commission  may  prescribe. 


11 


General  Definitions  and  Instructions. 

Affiliated  Companies. 

In  this  classification  affiliated  companies  include  those  companies  which 
the  utility  solely  or  jointly  controls;  those  companies  which  solely  or  jointly 
control  the  utility;  those  companies  that  are  controlled  by  companies  which 
the  utility  controls;  those  companies  which  are  controlled  by  companies  which 
control  the  utility. 

Control. 

Control  means  the  ability  to  determine  the  action  of  a  company.  Such 
control  is  sole  when  it  rests  in  one  company.  It  is  joint  when  it  rests  in  two 
or  more  companies  and  is  exercised  under  a  joint  arrangement. 

Forms  of  Control. 

One  company  may  exercise  control  over  another  through  its  title  to  a  major 
portion  of  the  voting  securities  of  such  company;  through  an  agreement  which 
enables  it  to  name  the  majority  of  the  directors,  managers,  or  trustees  of  such 
company;  through  its  ability  to  foreclose  a  first  lien  mortgage  on  all  or  a  major 
part  in  value  of  the  property  of  such  company;  through  its  advances  for  con¬ 
struction,  equipment,  additions,  or  betterments,  made  to  such  company  and 
conditioned  upon  the  right  to  determine  its  action;  through  any  other  right 
that  it  may  possess  to  influence  the  policy  of  such  company  in  any  respect. 

A  leasehold  interest  in  property  of  a  company  is  not  a  form  of  control  over 
that  company. 


INDEX  TO  BALANCE  SHEET  ACCOUNTS 


PRESCRIBED  FOR  CLASSES  A  B  AND  C  NATURAL  GAS  UTILITIES. 

ASSET  ACCOUNTS. 

Account 

Number.  Name  of  Account.  Page. 

I.  FIXED  CAPITAL  ACCOUNTS. 

KtO.  Fixed  Capital  Installed  Prior  to  January  1,  1919 .  17 

101.  Fixed  Capital  Installed  Since  December  31,  191S, .  17 

102.  Depreciation  of  Structures  and  Equipment  Reserve .  17 

103.  Amortization  of  Intangible  Capital  Reserve .  19 

104.  Cost  of  Fixed  Capital  Purchased .  19 

105.  Construction  Work  in  Progress  .  19 

II.  INVESTMENT  ACCOUNTS. 

106.  Investment  Securities  .  20 

107.  Property  Used  in  Other  Public  Services  . * .  20 

10S.  Advances  to  Affiliated  Companies  for  Construction, - 

Equipment,  or  Additions  and  Betterments  .  20 

109.  Other  Investments  .  21 

III.  REACQUIRED  SECURITIES  ACCOUNTS. 

110.  Reacquired  Capital  Stock  .  21 

111.  Reacquired  Bonds  .  21 

IV.  FUND  ACCOUNTS. 

112.  Sinking  Fund  Assets  . ' .  21 

113.  Insurance  and  Other  Reserve  Fund  Assets .  22 

V.  SPECIAL  DEPOSIT  ACCOUNTS. 

114.  Interest  Special  Deposits  .  22 

115.  Dividend  Special  Deposits  .  22 

116.  Other  Special  Deposits  . .  ..22 

VI.  CURRENT  ASSET  ACCOUNTS. 

117.  Cash  . 23 

118.  Notes  Receivable  . .* .  23 

119.  Accounts  Receivable  from  Consumers  .  23 

120.  Accounts  Receivable  from  Affiliated  Companies  .  24 

121.  Other  Accounts  Receivable  .  24 

122.  Matured  Interest  and  Rents  Receivable .  24 

123.  Materials  and  Supplies  . 24 

124.  Other  Current  Assets  .  24 


\ 


13 

Index — Balance  Sheet  Accounts. 

Account 

Number.  Name  of  Account.  Page. 

VII.  ACCRUED  ASSET  ACCOUNTS. 

125.  Un matured  Interest  and  Rents  Receivable .  25 


VIII.  PREPAID  ACCOUNTS. 

126.  Prepaid  Insurance  . 

127.  Prepaid  Interest  . . . 

128.  Prepaid  Taxes  . 

120.  Other  Prepaid  Accounts  . 

IX.  DEFERRED  CHARGE  ACCOUNTS. 

130.  Discount  on  Capital  Stock . . 

131 .  Unamortized  Debt  Discount  and  Expense . 

132.  Property  Abandoned  . 

133.  Extraordinary  Casualties  . 

134.  Preliminary  Survey"  and  Investigation  Charges . 

135.  Other  Deferred  Charges  . 


25 

25 

25 

25 


25 

26 
26 
26 
27 
27 


LIABILITY  ACCOUNTS. 

I.  CORPORATE  CAPITAL  LIABILITY 

ACCOUNTS. 


150.  Capital  Stock  . .  2S 

151.  Installments  Paid  on  Capital  Stock  Subscriptions .  28 

152.  Stock  Liability'  for  Conversion  of  Securities .  28 

153.  Premium  on  Capital  Stock  .  28 


II.  NON  CORPORATE  PROPRIETORSHIP 

ACCOUNTS. 


154.  Sole  Proprietorship . 29 

155.  Partnership  . 29 

III.  FUNDED  DEBT  ACCOUNTS. 

156.  Bonds  . 29 

157.  Real  Estate  Mortgages  .  29 

158.  Advances  from  Affiliated  Companies  for  Construction, 

Equipment,  or  Additions  and  Betterments  . .  30 

159.  Other  Funded  Debt  .  30 

IV.  CURRENT  LIABILITY  ACCOUNTS. 

160.  Receiver’s  Certificates .  30 

161.  Judgments  .  31 

162.  Workmen’s  Compensation  . . . . . 31 

163.  Notes  Payable  .  31 


14 


Index — Balance  Sheet  Accounts. 


Account  " 

Number.  Name  of  Account.  Page. 


104.  Consumers’  Deposits  . 

105.  Accounts  Payable  to  Affiliated  Companies . 

100.  Other  Accounts  Payable . 

107.  Matured  Funded  Debt  . . . 

168.  Matured  Interest  on  Funded  Debt . 

169.  Matured  Interest  on  Unfunded  Debt . 

170.  Dividends  Payable  . 

171 .  Service  Billed  in  Advance . 

172.  Other  Current  Liabilities  . 

V.  ACCRUED  LIABILITY  ACCOUNTS. 

173.  Unmatured  Interest  Accrued  on  Funded  Debt . 

174.  Unmatured  Interest  Accrued  on  Unfunded  Debt . 

175.  Taxes  Accrued  . 

176.  Other  Accrued  Liabilities . 


VI.  DEFERRED  CREDIT  ACCOUNTS. 

177.  U  NAM  ORTIZ  ED  PREMIUM  ON  DEBT  . 

17S.  Other  Deferred  Credits  . . 


31 

31 

32 
32 
32 
32 
32 
32 
32 


33 
33 
33  ' 


O') 

Of) 


34 


VII.  OPERATING  RESERVE  ACCOUNTS. 

179.  Insurance  Reserve  .  34 

180.  Injuries  and  Damages  Reserve  . .  35 

181.  Uncollectible  Consumers’  Accounts  Reserve  .  35 

182.  Other  Operating  Reserves . 1 .  36 


VIII.  APPROPRIATED  SURPLUS  ACCOUNTS. 


183.  Surplus  Invested  jn  Fixed  Capital  After  January  1,  1919  36 

184.  Funded  Debt  Retired  Through  Surplus .  36 

* 

185.  Surplus  Reserved  for  Sinking  Funds  .  37 

ISO.  Other  Surplus  Reserves .  37 


IX.  UNAPPROPRIATED  SURPLUS  ACCOUNT. 


187.  Corporate  Surplus  Unappropriated 


37 


BALANCE  SHEET  ACCOUNTS. 


Definitions  and  Instructions. 


Balance  Sheet  Accounts. 

Balance  sheet  accounts  are  those  which  record  the  assets  and  liabilities  of  the 
utility  and  show  its  financial  condition  at  any  particular  time. 

In  this  classification  each  balance  sheet  account  is  a  separate  general  ledger 
account. 

Assets. 

The  assets  of  the  utility  are  the  properties  or  wealth,  tangible  and  intangible, 
in  its  possession  or  at  its  disposal. 

Liabilities. 

The  liabilities  of  the  utility  are  the  amounts  of  money  or  money's  worth 
which  it  is  under  legal  obligation  to  pay,  deliver,  or  render  to  others. 


Debt  Discount  and  Expense. 

Discounts  and  expenses  incurred  by  the  utility  upon  bonds  and  all  other 
evidences  of  indebtedness  issued  by  it  in  payment  for  fixed  capital  items  shall 
he  charged  to  “131.  Un  amortized  Debt  Discount  and  Expense”  account  if  such 
debt  matures  more  than  one  year  after  the  date  of  its  issue;  or  to  “135.  Other 
Deferred  Charges"  account  if  it  matures  one  year  or  less  after  the  date  of 
its  issue.  Such  discounts  and  expenses  shall  not  in  any  case  be  charged  to 
any  fixed  capital  account. 


Contingent  Assets  and  Liabilities. 

Contingent  assets  are  those  assets  which  at  the  end  of  any  accounting  period 
have  no  real  value  but  which,  if  certain  conditions  then  regarded  as  uncertain 
are  fulfilled,  will  become  valuable. 

Contingent  liabilities  are  those  liabilities  which  at  the  end  of  any  accounting 
period  are  neither  direct  nor  assumed  obligations  of  the  utility  but  which  may 
under  certain  conditions  become  real  obligations. 

Such  assets  and  liabilities  shall  be  recorded  separately  and  shall  not  be 
shown  as  a  part  of  the  regular  assets  and  liabilities  in  any  balance  sheet  which 
the  utility  submits  to  The  Public  Service  Commission.  They  shall  be  shown  in 
detail  in  a  supplemental  statement. 


Capital  Stock. 

Capital  stock  as  herein  used  means  those  issues  of  securities  which  represent 
permanent  interests  in  the  corporation,  or  interests  which,  if  terminable,  are 
so,  except  in  case  of  dissolution,  only  at  the  option  of  the  corporation  issuing 
them. 

Capital  stock  may  be  divided  into  preferred  stock  and  common  stock. 

Preferred  stock  is  that  stock  which  has  been  given  special  rights  as  to  the 
distribution  of  profits  or  assets,  or  has  been  given  some  other  privilege  not 
enjoyed  by  the  remaining  stock  of  the  same  corporation.  It  may  be  cumulative 
or  noncumulative,  participating  or  nonparticipating. 


Balance  Sheet — Definitions  and  Instructions. 


Cumulative  stock  is  dividend  bearing  preferred  stock  on  which  that  portion 
of  the  stipulated  dividend  remaining  unpaid  at  the  c*lose  of  any  year  must 
subsequently  he  paid  before  a  dividend  can  be  paid  on  any  other  class  of  stock. 
Preferred  stock  for  which  such  a  dividend  provision  has  not  been  made  is  lion- 
cumulative. 

Participating  stock  is  stock  which  is  entitled  to  participate  in  a  share  of  the 
profits  of  the  corporation  in  excess  of  its  stipulated  dividend  rate.  Xonpartici- 
prting  stock  is  entitled  to  that  share  of  the  corporation’s  profits  only  that  is 
stipulated  by  its  dividend  rate. 

Common  stock  is  that  stock  which  shares  in  the  distribution  of  the  corpora¬ 
tion’s  profits  only  after  the  dividend  claims  of  all  other  classes  of  stock  have 
been  paid. 

* 

Debt. 

Debt,  as  herein  used,  includes  all  absolute  obligations  to  pay  money  at  a 
definite  time  or  times,  or  at  a  time  or  times  which  can  be  made  definite  by 
demand  or  other  act  of  the  creditor.  It  does  not  include  contingent  obligations, 
such  as  obligations  to  pay  rent  in  advance  or  liabilities  of  indorsers  upon  paper 
not  yet  defaulted. 

In  this  classification  debt  is  divided  into  two  classes,  Funded  Debt  and 
Unfunded  Debt. 

Funded  Debt  comprises  all  debt  which,  by  the  terms  of  its  issue  does  not 
mature  until  more  than  one  year  after  the  date  of  such  issue. 

Unfunded  Debt  comprises  all  debt  which,  by  the  terms  of  its  issue  matures 
one  year  or  less  after  the  date  of  such  issue. 


IT 


TEXT  EXPLANATORY  OF  BALANCE  SHEET  ACCOUNTS. 

ASSET  ACCOUNTS. 

I.  FIXED  CAPITAL  ACCOUNTS. 

100.  Fixed  Capital  Installed  Prior  to  January  1,  1919. 

Charge  to  this  account  the  book  value,  at  the  close  of  December  31, 
1918,  of  all  fixed  capital  owned  and  used  by  the  utility  in  the  conduct  of 
its  natural  gas  operations.  No  charge  shall  be  made  to  this  account  for 
any  fixed  capital  acquired  after  December  31,  1918. 

When  any  item  of  fixed  capital  carried  in  this  account  is  retired  from 
service,  credit  to  this  account  the  amount  at  which  it  is  carried  herein, 
charge  to  the  appropriate  sub-account  of  “123.  Materials  and  Supplies’’ 
account  any  salvage  recovered  from  it;  charge  to  “102.  Depreciation  of 
Structures  and  Equipment  Reserve”  account  the  amount  reserved  from 
January  1,  1919,  to  provide  for  the  loss  suffered  by  it  since  that  date  from 
wear,  tear,  obsolescence,  etc.;  charge  to  the  reserve  account  provided 
prior  to  January  1,  1919,  the  accumulated  amount  reserved  at  the  close 
of  December  31,  1918,  to  provide  for  like  loss  suffered  by  it;  and  charge 
either  to  “709.  Amortization  Unprovided  for  Elsewhere”  or  to  “132. 
Property  Abandoned”  account,  as  The  Public  Service  Commission  may 
direct,  the  net  loss  sustained  on  it. 

The  charge  to  “132.  Property  Abandoned”  account  shall  be  made  on  the 
basis  of  the  money  cost  of  such  fixed  capital  less  the  amount  of  salvage 
recovered  therefrom  and  the  amount  reserved  for  depreciation  thereof. 

Any  excess  of  the  amount  at  which  such  retired  fixed  capital  is  carried 
in  this  account  over  its  money  cost  shall  be  charged  to  “709.  Amortiza¬ 
tion  Unprovided  for  Elsewhere”  account. 

This  account  is  a  controlling  account  of  the  various  accounts  that  were 
combined  on  January  1,  1919,  to  make  it. 

]01.  Fixed  Capital  Installed  Since  December  31,  191S. 

Charge  to  this  account  the  cost  of  all  fixed  capital  installed  since  De¬ 
cember  31,  1918,  and  used  by  the  utility  in  the  conduct  of  its  natural  gas 
operations. 

This  account  is  a  controlling  account  for  accounts  200  to  272,  inclusive. 

102.  Depreciation  of  Structures  and  Equipment  Reserve. 

Credit  to  this  account  and  charge  to  “472.  Depreciation”  account  that 
amount  which  it  is  estimated  will  through  regular  application  over  the 
life  of  the  structures  and  equipment  of  the  various  divisions  of  the 
utility’s  natural  gas  system  be  sufficient  to  provide  an  adequate  reserve 
to  cover  those  expenses  of  depreciation  that  accrue  upon  such  structures 
and  equipment. 

In  these  expenses  of  depreciation  include  those  ordinary  losses  suffered 
by  the  utility’s  structures  and  equipment  from  wear  and  tear  not  covered 
by  current  repairs;  those  extraordinary  losses  sustained  by  such  struct¬ 
ures  and  equipment  from  obsolescence  or  Inadequacy  due  either  to  age, 
physical  change,  or  supersession  resulting  from  new  inventions,  disco  v- 


2 


18 


Balance  Sheet  Accounts. 

cries,  change  in  popular  demand,  or  requirements  of  public  authority; 
and  those  losses  which  result  from  the  destruction  of  such  structures  and 
equipment  by  those  extraordinary  casualties  to  which  the  principles  of 
insurance  are  not  applicable. 

The  amount  credited  to  this  account  by  the  utility  shall,  until  it  is 
otherwise  directed  by  The  Public  Service  Commission,  be  based  upon  a 
rule  determined  by  the  utility.  This  rule  may  oe  derived  by  a  study  of 
the  utility’s  history  and  experience  over  a  period  long  enough  to  enable 
it  to  obtain  information  upon  which  it  can  establish  a  fair  and  reason¬ 
able  basis  of  depreciation. 

On  or  before  January  1,  1910,  the  utility  shall  file  with  The  Public 
Service  Commission  a  copy  of  its  depreciation  rule  and  a  sworn  state¬ 
ment  of  the  facts,  expert  opinions,  and  estimates  upon  which  such  rule  is 
based.  If  the  utility  amends  this  rule  later  it  shall  file  a  like  sworn 
statement  for  every  change  that  it  makes  before  it  puts  such  change  into 
effect. 

In  determining  its  rate  of  depreciation  the  utility  shall,  in  the  case  of 
those  structures  and  items  of  equipment  that  can  be  satisfactorily  indi¬ 
vidualized,  provide  for  each  such  structure  and  item  of  equipment  an 
amount  which  will  through  regular  accumulation  ensure  at  the  time  such 
structure  or  item  of  equipment  goes  out  of  service  a  reserve  therefor  equal 
to  the  original  money  cost  thereof  less  salvage  recovered  thereon.  In 
the  case  of  those  structures  and  items  of  equipment  that  cannot  be  satis¬ 
factorily  individualized  the  utility  shall  keep  such  structures  and  equip¬ 
ment  in  efficient  operating  condition  through  repairs  and  shall  treat  all 
renewals  or  replacements  of  parts  thereof  as  repairs. 

When  any  structure  or  equipment  of  the  natural  gas  system  is  retired 
from  service,  charge  to  this  account  the  amount  credited  to  it  since  Jan¬ 
uary  1,  1919,  to  provide  for  the  depreciation  of  such  retired  structure  or 
equipment;  charge  to  the  depreciation  reserve  account  provided  prior  to 
January  1,  1919,  the  accumulated  amount  of  depreciation  accrued  at  the 
close  of  December  31,  1918,  on  such  structure  or  equipment;  charge  to 
“123.  Materials  and  Supplies”  account,  the  value  of  the  salvage  recov¬ 
ered;  and  credit  to  the  fixed  capital  account  in  which  it  is  carried  the 
original  money  cost  of  such  retired  structure  or  equipment.  If  the 
original  money  cost  of  any  structure  or  equipment  retired  is  in  excess  of 
the  above  charges,  charge  such  excess  either  directly  to  “709.  Amortiza¬ 
tion  Unprovided  for  Elsewhere”  account,  or,  with  the  permission  of  The 
Public  Service  Commission,  to  “132.  Property  Arandoned”  account. 

If  the  utility  cannot  determine  the  original  money  cost  of  any  structure 
or  equipment  that  it  retires  it  shall  make  an  estimate  thereof  and  pre¬ 
serve  in  its  files  all  the  data  pertaining  to  such  estimate. 

The  utility  is  restricted  in  its  use  of  the  amount  which  it  has  reserved 
for  depreciation  to  the  application  of  it  to  the  recovery  of  those  losses, 
mentioned  in  this  account,  which  are  suffered  by  its  structures  and  equip¬ 
ment  used  in  the  public  service.  Moreover  the  utility  shall  make  no  other 
charges  to  this  account  than  those  mentioned  herein.  Finally  it  shall 
not  divert  any  portion  of  the  amount  reserved  for  depreciation  to  surplus 
or  make  any  other  use  thereof  until  it  has  been  authorized  to  do  so  by 
The  Public  Service  Commission. 


1!) 


Balance  Sheet  Accounts. 


* 


< 


103.  Amortization  ok  Intangible  Capital  Reserve. 

Credit  to  this  account  and  charge  to  “474.  Amortization  ok  Franchises, 
Patent  Rights  and  Licenses"’  and  “600.  Amortization  of  Intangible 
Landed  Capital”  accounts  those  amounts  which,  through  regular  appli¬ 
cation,  will  provide  at  the  expiration  of  the  lives  of  the  utility’s  limited 
franchises,  patent  rights  and  licenses,  limited  rights  of  way,  and  lease¬ 
holds.  a  reserve  equal  to  their  original  money  cost. 

When  the  original  money  cost  of  any  such  item  of  intangible  capital 
has  been  completely  amortized,  charge  to  this  account  and  credit  to  the 
account  in  which  it  is  carried  the  amount  of  it. 


104.  Cost  of  Fixed  Capital  Purchased. 

Charge  to  this  account  the  cash  value  of  the  consideration  given  for 
fixed  capital  in  the  form  of  a  going  or  completed  natural  gas  system  or 
of  any  portion  of  such  system  purchased  from  others. 

The  constituent  elements  of  such  fixed  capital  shall  be  appraised  at 
their  structural  values,  that  is,  at  the  estimated  cost  of  replacement  or 
reproduction  less  deterioration  due  to  wear  and  tear,  obsolescence  and 
inadequacy. 

When  The  Public  Service  Commission  has  approved  such  purchase  credit 
to  this  account  the  purchase  price  and  charge  to  the  appropriate  fixed 
capital  accounts  either  the  appraised  value  or  the  purchase  price.  If  the 
purchase  price  is  in  excess  of  the  appraised  value  charge  the  constituent 
elements  of  the  proper  fixed  capital  accounts  with  the  appraised  values 
and  charge  the  excess  to  “203.  Other  Intangible  Capital”  account.  If 
the  purchase  price  was  not  in  excess  of  the  appraised  value  charge  the 
constituent  elements  of  the  fixed  capital  accounts  with  the  purchase  price 
distributed  through  such  accounts  on  the  basis  of  the  appraised  values. 

The  utility  shall  so  keep  its  records  of  such  purchase  that  they  will 
show  a  complete  account  of  the  contract  under  which  such  property  is 
acquired,  the  consideration  given  therefor,  the  basis  of  determining  the 
actual  money  value  of  such  consideration  if  other  than  money,  the  method 
of  appraisal,  the  amount  charged  to  each  fixed  capital  account,  and  the 
disposition  of  any  difference  between  the  purchase  price  and  appraised 
value  of  such  property. 

In  connection  with  the  purchase  of  property  chargeable  to  this  ac« 
count  the  utility  shall  procure  all  existing  records,  memoranda,  and 
books  of  accounts  in  the  possession  or  control  of  the  grantor  relating  to 
the  construction  and  improvement  of  such  property  and  shall  preserve 
such  records,  memoranda,  and  books  of  accounts  until  authorized  by  The 
Public  Service  Commission  to  destroy  or  otherwise  dispose  of  them.  If 
it  is  impracticable  to  transfer  such  records,  memoranda,  and  books  of 
accounts,  the  utility  shall  procure  copies  of  them  certified  by  the  custodian 
of  the  originals. 


105.  Construction  Work  in  Progress. 

Charge  to  this  account  all  expenditures  under  estimates,  work  orders, 
or  other  forms  of  authorization  for  strucfures  and  equipment  in  process 
of  construction.  Such  expenditures  shall  also  include  that  proportion  of 
expenses  of  supervision,  engineering,  tools,  store,  and  other  like  general 
expenses  that  may  be  assigned  to  such  construction  work.  When  such 
work  is  completed,  credit  this  account  and  charge  to  the  appropriate  fixed 
capital  or  other  accounts  the  cost  of  the  completed  work. 


Balance  Sheet  Accounts. 


This  account  shall  be  so  carried  that  the  utility  cau  furnish  a  complete 
analysis  of  the  expenditures  under  each  estimate,  work  order,  or  other 
form  of  authorization. 

II.  INVESTMENT  ACCOUNTS. 

10(5.  Investment  Securities. 

Charge  to  this  account  the  cost  of  stocks,  bonds,  notes,  and  other  evi¬ 
dences  of  indebtedness  each  of  which  does  not  mature  until  more  than 
one  year  after  the  date  of  issue,  held  by  the  utility  for  the  purpose  of 
exercising  control  over  other  companies  whether  utilities  or  non  utilities, 
for  the  income  that  may  be  derived  from  such  securities,  for  securing 
advantages,  or  for  any  other  purpose. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  purpose  of  holding  and  the 
cost  of  the  following  kinds  of  investment  securities  owned  by  it : 

Stocks  of  Affiliated  Natural  Gas  Utilities 
Stocks  of  Other  Affiliated  Utilities 
Stocks  of  Affiliated  Non  Utilities 
Funded  Dert  of  Affiliated  Natural  Gas  Utilities 
Funded  Debt  of  Other  Affiliated  Utilities 
Funded  Debt  of  Affiliated  Non  Utilities 
Other  Stocks 
Other  Funded  Debt 

107.  Property  Used  in  Other  Public  Services. 

Charge  to-  this  account  the  cost  of  land,  structures,  and  equipment 
owned  by  the  utility  and  used  by  it  in  rendering  public  services  other 
than  natural  gas. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  kind  and  cost  of  property 
used  in  each  other  public  service,  such  as  water,  electric,  etc. 

10S.  Advances  to  Affiliated  Companies  for  Construction,  Equipment,  or 
Additions  and  Betterments. 

Charge  to  this  account  the  amounts  of  advances  made  by  the  utility  to 
its  affiliated  companies,  whether  utilities  or  non  utilities,  to  enable  them 
to  pay  for  construction,  equipment,  or  additions  and  betterments. 

In  order  that  such  advances  may  be  charged  to  this  account  it  must  be 
understood  that  they  are  not  to  be  repaid  within  one  year  or  that  they 
are  to  be  repaid  in  securities  of  the  companies  to  which  the  advances 
were  made. 

Exclude  from  this  account  and  charge  to  “707.  Gifts  to  Affiliated  Com¬ 
panies”  account  the  amounts  of  advances  that  are  made  to  affiliated  com¬ 
panies  without  expectation  of  reimbursement. 

Exclude  also  from  this  account  and  charge  to  “120.  Accounts  Receiv¬ 
able  from  Affiliated  Companies”  account  the  amounts  of  temporary  ad¬ 
vances  on  current  accounts  to  affiliated  companies. 


21 


Balance  Sheet  Accounts. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amounts  advanced  to  each 
affiliated  company,  the  length  of  time  for  which  each  advance  is  made, 
how  it  is  to  be  repaid,  whether  or  not  each  affiliated  company  to  which 
an  advance  is  made  is  a  utility  or  non  utility  and  if  it  is  a  utility,  the 
kind  of  public  service  that  it  renders. 

109.  Other  Investments. 

Charge  to  this  account  the  cost  of  land,  structures,  and  equipment 
owned  by  the  utility  and  not  used  in  rendering  public  service  of  any  kind. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  cost  of  each  different  kind 
of  property  charged  to  this  account  and  the  purpose  for  which  it  was 
acquired. 

III.  REACQUIRED  SECURITIES  ACCOUNTS. 

110.  Reacquired  Capital  Stock. 

Charge  to  this  account  the  par  value  of  capital  stock  issued  by  the 
utility  to  bona  fide  holders  for  valuable  considerations  and  reacquired  by 
it  under  circumstances  that  do  not  permit  it  to  treat  such  stock  as  paid 
or  retired.  Charge  also  to  this  account  the  par  value  of  capital  stock 
issued  by  others  and  assumed  by  the  utility  and  later  acquired  by  it 
under  like  circumstances. 

If  the  capital  stock  chargeable  hereto  is  acquired  at  a  cost  above  its 
par  value  the  utility  shall  charge  the  difference  between  its  cost  price 
and  par  value  to  “711.  Other  Deductions  from  Surplus”  account;  if  it 
is  acquired  at  a  cost  below  its  par  value  it  shall  credit  the  difference  to 
v702.  Other  Additions  to  Surplus”  account. 

111.  Reacquired  Bonds. 

Charge  to  this  account  the  par  value  of  bonds  issued  by  the  utility  to 
bona  fide  holders  for  valuable  considerations  and  reacquired  by  it  under 
circumstances  that  do  not  permit  it  to  treat  such  securities  as  paid  or 
retired.  Charge  also  to  this  account  the  par  value  of  bonds  issued  by 
others  and  assumed  by  the  utility  and  later  acquired  by  it  under  like 
circumstances. 

If  the  bonds  chargeable  hereto  are  acquired  at  a  cost  above  their  par 
value  the  utility  shall  charge  the  difference  between  their  cost  price  and 
par  value  to  “711.  Other  Deductions  from  Surplus”  account;  if  they  are 
acquired  at  a  cost  below  their  par  value  it  shall  credit  the  difference  to 
“702.  Other  Additions  to  Surplus”  account. 

IV.  FUND  ACCOUNTS. 

112.  Sinking  Fund  Assets. 

Charge  to  this  account  the  amount  of  cash,  the  cost  of  securities  of 
other  companies,  the  par  value  of  securities  issued  or  assumed  by  the 
utility,  and  all  other  assets,  which  are  in  possession  of  the  treasurer, 
trustee  or  other  fiscal  agent  of  the  utility  in  charge  of  sinking  funds 
provided  by  the  utility  for  the  purpose  of  redeeming  its  funded  debt  issued 


09 


Balance  Sheet  Accounts. 

subject  to  sinking  fund  requirements.  Among  the  above  assets  shall  be 
included  amounts  deposited  with  such  treasurer  or  other  agent  of  the 
utility  on  account  of  the  sale  of  mortgaged  property,  the  proceeds  of 
which  are  required  to  be  held  for  the  redemption  of  such  funded  debt. 

If  the  securities  issued  by  the  utility,  or  those  assumed  by  it,  are  pur¬ 
chased  out  of  sinking  funds  at  a  cost  above  or  below  par  value,  the  differ¬ 
ence  between  the  cost  and  the  par  value  of  such  securities  shall  be  charged 
to  “711.  Other  Deductions  from  Surplus”  or  credited  to  “702.  Other 
Additions  to  Surplus”  account. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  full  information  as  to  each  sinking  fund  set  aside 
for  each  class  of  funded  debt. 

113.  Insurance  and  Other  Reserve  Fund  Assets. 

Charge  to  this  account  the  amount  of  cash,  the  cost  of  securities  of 
other  companies,  the  par  value  of  securities  issued  or  assumed  by  the 
utility,  and  all  other  assets  in  possession  of  the  treasurer,  trustee,  or  other 
agent  of  the  utility,- which  have  been  specifically  set  aside  or  invested  by 
the  utility  for  the  purpose  of  providing  for  insurance,  pension,  workmen's 
compensation  and  other  funds. 

Exclude  from  this  account  special  deposit  and  sinking  fund  assets. 

If  securities  issued  by  the  utility,  or  those  assumed  by  it,  are  purchased 
out  of  the  above  funds  at  a  cost  above  or  below  par  value,  the  difference 
between  the  cost  and  par  value  of  such  securities  shall  be  charged  to 
“711.  Other  Deductions  from  Surplus”  account  or  credited  to  “702.  Other 
Additions  to  Surplus”  account. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  full  information  as  to  each  fund  carried  herein. 


V.  SPECIAL  DEPOSIT  ACCOUNTS. 

114.  Interest  Special  Deposits. 

Charge  to  this  account  all  moneys  and  bank  credits  specially  deposited 
with  fiscal  or  other  agents  of  the  utility,  for  the  payment  of  interest. 

When  such  interest  is  paid  from  these  deposits,  credit  to  this  account 
and  charge  to  either  “168.  Matured  Interest  on  Funded  Debt”  or  “160. 
Matured  Interest  on  Unfunded  Debt”  account  the  amount  of  it. 

115.  Dividend  Special  Deposits. 

Charge  to  this  account  all  moneys  and  bank  credits  specially  deposited 
with  fiscal,  or  other  agents  of  the  utility,  for  the  payment  of  dividends 
declared  by  the  utility. 

When  such  dividends  are  paid  from  these  deposits  credit  to  this  account 
and  charge  to  “170.  Dividends  Payable”  account  the  amount  of  them. 

16.  Other  Special  Deposits. 

Charge  to  this  account  all  moneys  and  bafik  credits  deposited  with 
fiscal,  or  other  agents  of  the  utility,  for  special  purposes  other  than  the 
payment  of  interest  and  dividends. 


2B 


Balance  Sheet  Accounts. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  and  purpose  of  each 
deposit. 

Wihen  such  purposes  are  satisfied  credit  to  this' account  the  amount  set 
aside  to  provide  such  satisfaction. 

VI.  CURRENT  ASSET  ACCOUNTS. 


117.  Cash. 

Charge  to  this  account  all  money  coming  into  the  possession  of  the 
utility  and  in  which  the  utility  has  the  beneficial  interest.  Such  money 
includes  coin  of  the  United  States,  United  States  treasury  notes,  gold  and 
silver  certificates,  greenbacks,  bank  bills  payable  to  bearer,  all  bank 
credits,  checks  and  drafts  receivable,  subject  to  satisfaction  or  transfer 
upon  demand  whether  payable  to  bearer  or  to  order. 

Credit  to  this  account  all  cash  disbursements  of  the  utility. 

US.  Notes  Receivable. 

Charge  to  this  account  the  cost  of  all  negotiable  paper  in  the  form  of 
notes  receivable  or  other  similar  evidences  of  money  receivable  on  demand 
or  within  a  time  not  exceeding  one  year.  Such  notes  receivable  shall 
include  demand  notes,  drafts,  etc.,  issued  by  others  than  banks,  and  time 
notes,  drafts,  etc.,  by  whomsoever  issued. 

Exclude  from  this  account  and  charge  to  “106.  Investment  Securities” 
account,  the  cost  of  notes  which  do  not  mature  until  more  than  one  year 
after  the  date  of  issue. 

When  loans  to  affiliated  companies  for  construction  purposes  are  evi¬ 
denced  by  demand  or  short  term  notes  intended  later  to  be  exchanged  for 
other  securities  charge  the  amount  of  such  loans  to  “108.  Advances  to 
Affiliated  Companies  for  Construction,  Equipment  or  Additions  and 
Betterments”  account. 


119. 


Accounts  Receivable  from  Consumers. 


Charge  to  this  account  the  amounts  due  from  consumers  for  natural  gas 
sold  to  them. 

This  account  is  a  controlling  account  of  the  various  accounts  in  the 
consumers’  ledger. 

The  data  supporting  the  sale  of  natural  gas  to  consumers  shall  be  so 
kept  that  the  utility  can  furnish  information  as  to  the  amount  due  from 
sales  of  natural  gas  to  each  class  of  consumers,  the  quantity  of  natural 
gas  sold  during  each  accounting  period  to  each  consumer  in  each  class, 
the  rate  charged  him,  and,  in  case  natural  gas  is  sold  him  at  different 
rates,  the  quantity  sold  him  at  each  rate. 

When  the  amount  due  from  any  consumer  proves  to  be  uncollectible, 
credit  it  to  this  account  and  charge  it  either  to  “449.  Uncollectible  Con¬ 
sumers’  Accounts”  account,  if  it  was  charged  to  this  account  during  the 
current  year,  or  to  “712.  Uncollectible  Consumers’  Accounts — Old  Year” 
account,  if  it  was  charged  to  this  account  prior  to  the  current  year.  If 
the  utility  has  provided  a  reserve  for  uncollectible  accounts,  charge  it 


to  “181.  Uncollectible  Consumers' 


Accounts  Reserve”  account. 


Balance  Sheet  Accounts. 


120.  Accounts  Receivable  from  Affiliated  Companies. 

Charge  to  this  account  the  amounts  due  the  utility  from  affiliated  com¬ 
panies  whether  utilities  or  non  utilities,  on  all  current  transactions  other 
than  sales  of  natural  gas. 

Exclude  from  this  account  amounts  due  from  affiliated  companies  that 
are  chargeable  to  “108.  Advances  to  Affiliated  Companies  for  Construc¬ 
tion,  Equipment,  or  Additions  and  Betterments”  account. 

121.  Other  Accounts  Receivable. 

Charge  to  this  account  all  amounts  owed  to  the  utility  upon  accounts 
with  solvent  concerns  or  individuals,  other  than  affiliated  companies  and 
consumers,  and  all  accounts  and  claims,  except  notes  receivable,  upon 
which  responsibility  is  acknowledged  by  solvent  concerns  or  individuals, 
or  which  are  sufficiently  secured  to  be  considered  good;  and  amounts  of 
all  judgments  against  solvent  concerns  or  individuals  where  the  judg¬ 
ments  are  not  appealable  or  suspended  through  appeal. 

Exclude  from  this  account  and  charge  to  “117.  Cash”  or  other  appro¬ 
priate  account,  cash  deposited  with  banks  or  trust  companies. 

122.  Matured  Interest  and  Rents  Receivable. 

Charge,  ;at  the  date  of  maturity,  to  this  account  and  credit  to  “125. 
Unmatured  Interest  and  Rents  Receivable”  account  the  amounts  of 
interest  matured  upon  bonds,  notes  receivable  or  other  commercial  paper 
held  by  or  for  the  benefit  of  the  utility  and  upon  all  interest  bearing 
accounts  due  it;  also  the  amounts  of  rents  matured  upon  property  leased 
by  the  utility  to  others. 

When  such  interest  or  rent  is  received,  credit  to  this  account  and 
charge  to  “117.  Cash”  or  other  appropriate  account  the  amount  of  it. 

123.  Materials  and  Supplies. 

Charge  to  this  account  the  cost,  including  transportation  and  other 
incidental  expenditures,  of  all  materials  and  supplies  purchased  which 
are  carried  in  stock  pending  their  use  for  construction,  operation  or 
resale.  Exclude  from  this  account  such  materials  and  supplies  as  are 
directly  chargeable  to  fixed  capital  or  operating  expense  accounts. 

Inventories  of  materials  and  supplies  on  hand  shall  be  taken  at  least 
annually,  and  any  shortages  or  overages  disclosed  by  such  inventories 
shall  be  credited  or  debited  to  this  account  and  debited  or  credited  to 
“455.  Inventory  Adjustments”  account,  in  case  they  cannot  be  assigned 
to  specific  accounts.  Where  such  materials  and  supplies  have  been  con¬ 
sumed  in  construction,  a  suitable  proportion  of  such  shortages  or  overages 
may  be  debited  or  credited  to  “272.  Other  Expenditures  During  Con¬ 
struction”  account. 

124.  Other  Current  Assets. 

Charge  to  this  account  the  cost  of  all  current  assets  of  the  utility  which 
are  not  provided  for  in  any  of  the  preceding  current  asset  accounts. 


Balance  Sheet  Accounts. 

VII.  ACCRUED  ASSET  ACCOUNTS. 

125.  Un matured  Interest  and  Rents  Receivable. 

Charge  to  this  account  and  credit  to  the  appropriate  revenue  accounts 
the  amounts  of  interest  accrued  during  each  accounting  period  upon 
bonds,  notes  receivable  or  other  commercial  paper  held  by  or  for  the 
benefit  of  the  utility,  and  upon  all  interest  bearing  accounts  due  it;  also 
the  amounts  of  rents  accrued  during  each  accounting  period  upon  prop¬ 
erty  leased  by  the  utility  to  others. 

When  such  interest  or  rent  matures  credit  to  this  account  and  charge 
to  “122.  Matured  Interest  and  Rents  Receivable”  account  the  amount 
of  it. 

VIII.  PREPAID  ACCOUNTS. 

120.  Prepaid  Insurance. 

Charge  to  this  account  all  premiums  paid  on  insurance  policies  in  ad¬ 
vance  of  their  accrual.  As  such  premiums  accrue  credit  to  this  account 
and  charge  to  “452.  Other  Insurance”  account  the  amount  which  has 
accrued. 

127.  Prepaid  Interest. 

Charge  to  this  account  all  interest  on  the  funded  or  unfunded  debt  of 
the  utility  paid  in  advance  of  its  accrual.  As  such  interest  accrues  credit 
to  this  account  and  charge  to  the  appropriate  accrued  interest  account 
the  amount  of  it. 

12S.  Prepaid  Taxes. 

Charge  to  this  account  all  taxes  paid  in  advance  of  their  accrual.  As 
such  taxes  accrue,  credit  to  this  account  and  charge  to  “175.  Taxes  Ac¬ 
crued”  account  the  amount  of  them. 

120.  Other  Prepaid  Accounts. 

Charge  to  this  account  all  amounts  paid  by  the  utility  in  advance  and 
not  provided  for  in  any  of  the  preceding  prepaid  accounts. 

IX.  DEFERRED  CHARGE  ACCOUNTS. 

130.  Discount  on  Capital  Stock. 

Charge  to  this  account  the  amount  of  discount  on  each,  class  of  capital 
stock  issued  by  the  utility. 

By  discount  is  meant  the  excess  of  the  par  value  of  any  class  of  capital 
stock  over  the  actual  cash  value  of  the  consideration  received  for  it. 

The  discount  charged  to  this  account  for  any  class  of  stock  shall  not 
be  cleared  from  this  account  until  it  is  offset  either  by  premiums  received 
on  the  same  class  of  stock,  or  by  assessments  levied  on  the  holders  of  the 
stock  on  which  it  was  incurred,  or  until  such  stock  is  retired. 

Discount  on  capital  stock  shall  not  in  any  case  be  charged  to  any 
“Fixed  Capital  Account”  or  to  any  “Income  Account.” 

This  account  is  intended  for  natural  gas  utilities  only  that  are  per¬ 
mitted  under  the  terms  of  their  charters  to  issue  capital  stock  for  a 
consideration  less  than  par  value. 


B  lance  Sheet  Accounts. 


131 .  Unamortized  Debt  Discount  and  Expense. 

Charge  to  this  "account  all  discounts  and  necessary  expenses  incurred 
in  the  issue  by  the  utility  of  bonds  and  other  evidences  of  indebtedness 
which  mature  more  than  one  year  from  the  date  of  their  issue. 

By  discount  is  meant  the  excess  of  the  par  value  of  such  evidences  of 
indebtedness,  plus  the  interest  accrued  thereon  at  the  time  of  their  issue, 
over  the  actual  cash  value  of  the  consideration  received  from  them. 

Necessary  expenses  incurred  in  the  issue  of  such  evidences  of  indebted¬ 
ness  shall  include  fees  for  drafting  mortgages  and  trust  deeds,  fees  and 
taxes  for  recording  mortgages  and  trust  deeds,  fees  to  trustees  provided 
in  mortgages  and  trust  deeds,  fees  to  underwriters  and  brokers  for  mar¬ 
keting  such  evidences  of  indebtedness,  and  other  expenses  of  like  char¬ 
acter;  the  cost  of  engraving  and  printing  bonds,  certificates  of  indebted¬ 
ness,  and  other  commercial  paper. 

Discount  ,on  bonds  and  other  evidences  of  indebtedness  issued  by  others, 
and  later  assumed  by  the  utility,  shall  be  included  in  this  account. 

At  or  before  the  close  of  each  fiscal  period,  credit  to  this  account  and 
charge  to  “G08.  Amortization  of  Debt  Discount  and  Expense”  account 
a  proportion  of  such  discount  and  expense  based  upon  the  life  of  such 
evidences  of  indebtedness  to  date  of  maturity.  Such  discount  and  expense 
may,  if  desired,  be  amortized  more  rapidly  through  charges  of  all  or  any 
part  of  it,  either  at  the  time  of  issue  or  later,  to  ”711.  Other  Deductions 
from  Surplus”  account. 


132.  Property  Abandoned. 

Charge  to  this  account  the  money  cost,  estimated  if  not  known,  less 
the  salvage  and  the  accumulated  amount  reserved  for  the  depreciation 
thereof  of  any  important  piece  of  property,  other  than  land,  which  the 
utility  itself  abandons  for  the  purpose  of  replacing  it  with  more  efficient 
property,  or  which,  on  account  of  public  necessity  or  the  requirement  of 
lawful  authority  it  is  compelled  to  abandon  before  such  property  has 
attained  its  normal  life  of  service. 

Before  making  any  entries  to  this  account  the  utility  shall  obtain  the 
approval  of  The  Public  Service  Commission. 

The  loss  on  abandoned  property  registered  in  this  account  shall  be 
amortized  over  a  period  of  years  by  charges  either  to  ”473.  Extraordinary 
Depreciation”  or  ”709  Amortization  Unprovided  for  Elsewhere”  account 
as  The  Public  Service  Commission  may  direct. 


133.  Extraordinary  Casualties. 

Charge  to  this  account  extraordinary  losses,  such  as  unforseen  damages 
to  property,  that  cannot  by  any  reasonable  plan  be  anticipated.  Those 
casualties  which  occur  with  such  frequency,  that  the  principles  of  ordinary 
insurance  are  applicable  thereto,  shall  be  provided  for  either  through  an 
insurance  reserve  maintained  by  the  utility  itself,  or  by  insurance  with 
others. 

Before  making  any  entries  to  this  account  the  utility  shall  obtain  the 
approval  of  The  Public  Service  Commission. 


Balance  Sheet  Accounts. 

The  extraordinary  losses  registered  in  this  account  shall  be  amortized 
over  a  period  of  years  by  charges  either  to  “473.  Extraordinary  Depre¬ 
ciation”  or  to  “700.  Amortization  Unprovided  for  Elsewhere”  account 
as  The  Public  Service  Commission  may  direct. 

134.  Preliminary  Survey  and  Investigation  Charges. 

Charge  to  this  account,  until  their  final  disposition  is  definitely  deter¬ 
mined,  all  expenditures  for  preliminary  surveys,  plans,  investigations, 
etc.,  made  for  determining  the  feasibility  of  projects  under  contemplation. 
If  any  such  project  is  later  completed,  credit  to  this  account  and  charge 
to  the  proper  fixed  capital  account  the  amount  expended  for  such  pre- 

*  liminary  work  or  investigations.  If  it  is  abandoned,  charge  such  amount 
to  “711.  Other  Deductions  from  Surplus”  account. 

135.  Other  Deferred  Charges. 

*  Charge  to  this  account  all  deferred  charges  not  provided  for  elsewhere 
which  are  later  to  be  charged  to  income  or  surplus  account  over  a  period 
of  time. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  each  deferred  charge  carried 
herein. 


\ 


28 


Balance  Sheet  Accounts. 

LIABILITY  ACCOUNTS. 

I.  CORPORATE  CAPITAL  LIABILITY  ACCOUNTS. 

3  50.  Capital  Stock. 

Credit  to  this  account  the  par  value  of  the  certificates  of  each  class  of 
capital  stock  issued  and  outstanding. 

Capital  stock  is  issued  when  in  conformance  with  Article  XVI,  Section 
7,  of  the  Constitution  of  the  Commonwealth  of  Pennsylvania  it  is  issued 
by  a  corporation  to  a  bona  fide  holder  “for  money,  labor  done,  or  money 
or  property  actually  received”. 

As  long  as  it  is  in  possession  of  a  bona  fide  holder  and  is  free  from  all 
control  of  the  utility  it  is  actually  outstanding.  It  is  nominally  outstand¬ 
ing  when  after  being  issued  it  is  reacquired  by  the  utility  and  is  held 
by  it  under  conditions  that  do  not  permit  it  to  'retire  such  stock. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
they  will  show  separately  the  par  value  of  those  certificates  of  stock  that 
are  actually  and  nominally  outstanding.  In  addition  they  will  show  each 
class  of  stock  issued  such  as  Common  Stock,  Preferred  Stock,  etc.,  with 
such  sub-classification  as  is  necessary  because  of  differences  in  dividend 
rights,  voting  rights,  and  conditions  of  retirement. 

When  any  class  of  capital  stock  is  issued,  the  records  supporting  the 
entry  to  this  account  of  such  issue  shall  show  complete  details  as  to 
whom  it  is  issued  and  the  consideration,  cash  or  otherwise,  for  which  it 
is  issued. 

Exclude  from  this  account  and  credit  to  “153.  Premium  on  Capital 
Stock”  account  all  premiums  realized  on  capital  stock. 

151 .  Installments  Paid  on  Capital  Stock  Subscriptions. 

Credit  to  this  account  the  amounts  paid  in  installments  to  the  utility 
by  subscribers  to  its  capital  stock.  When  each  subscriber  has  fully  paid 
for  his  subscription  and  has  received  properly  executed  stock  certificates 
from  the  utility  in  acknowledgment  of  the  payment  of  ihis  obligation, 
charge  to  this  account  and  credit  to  “150.  Capital  Stock”  account  the 
par  value  of  the  stock  issued  to  him. 

152.  Stock  Liability  for  Conversion  of  Securities. 

Credit  to  this  account  the  par  value  of  capital  stock  which  the  utility 
has  agreed  to  exchange  for  the  property  of  other  utilities  under  terms 
which  require  the  stockholders  of  such  utilities  to  surrender  the  securi¬ 
ties  held  by  them  and  accept  in  return  therefor  stock  of  the  utility. 

Wnen  such  securities  have  been  surrendered,  charge  this  account  and 
credit  “150.  Capital  Stock”  account. 

153.  Premium  on  Capital  Stock. 

Credit  to  this  account  the  amount  realized  in  excess  of  the  par  value 
of  each  class  of  stock  which  is  disposed  of  for  a  consideration,  the  cash 
value  of  which  is  greater  than  the  par  value.  The  amount  thus  realized 
shall  constitute  a  capital  stock  liability  and  shall  not  be  treated  either 
as  a  profit  and  loss  or  surplus  item  available  for  dividends.  It  shall 
remain  in  this  account  until  the  stock  on  which  it  was  realized  is  retired. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
they  will  show  the  premium  realized  on  each  class  of  stock  issued  or 
assumed  by  the  utility. 


29 


Balance  Sheet  Accounts. 

II.  NON  CORPORATE  PROPRIETORSHIP  ACCOUNTS. 

154.  Sole  Proprietorship. 

Credit  to  this  account  all  contributions  made  to  the  utility  by  its  pro¬ 
prietor  and,  at  the  end  of  each  fiscal  period,  the  net  profit,  if  any,  realized 
during  such  period.  Charge  to  this  account  all  withdrawals  from  the 
utility  by  its  proprietor  and,  at  the  end  of  each  fiscal  period,  the  net  loss, 
if  any.  suffered  during  such  period. 

1 55 .  Partnership. 

Credit  to  the  account  of  each  partner  carried  hereunder  the  contribu¬ 
tions  made  to  the  utility  by  each  partner  and,  at  the  end  of  each  fiscal 
period,  each  partner’s  portion  of  the  net  profits,  if  any,  realized  during 
such  period.  Charge  to  each  such  account  the  withdrawals  from  the 
utility  by  each  partner  and,  at  the  end  of  each  fiscal  period,  each  partner’s 
portion  of  the  net  loss  suffered  during  such  period. 

III.  FUNDED  DEBT  ACCOUNTS. 

150.  Bonds. 

Credit  to  this  account  the  par  value  of  bonds  issued  and  outstanding 
which  do  not  mature  until  more  than  one  year  after  the  date  of  their 
issue.  Such  bonds  shall  include  those  issued  by  the  utility  itself  and 
those  issued  by  others  and  later  assumed  by  the  utility. 

Bonds  are  issued  when  in  conformance  with  Article  XVI,  Section  7,  of 
the  Constitution  of  the  Commonwealth  of  Pennsylvania  they  are  issued 
to  bona  fide  holders  “for  money,  labor  clone,  or  money  or  property  actually 
received’’. 

As  long  as  they  are  in  possession  of  bona  fide  holders  andvare  free  from 
all  control  of  the  utility  they  are  actually  outstanding.  They  are  nom¬ 
inally  outstanding  when  after  they  have  been  issued  they  are  reacquired 
by  the  utility  and  are  held  by  it  under  conditions  that  do  not  permit  it  to 
retire  them. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
they  will  show  separately  the  par  value  of  those  bonds  that  are  actually 
and  nominally  outstanding  at  any  accounting  period.  In  addition  they 
will  show  each  class  of  bonds  such  as  Mortgage  Bonds,  Collateral  Trust 
Bonds,  Income  Bonds,  etc.,  with  such  sub-classification  as  is  necessary 
because  of  differences  in  underlying  security,  rate  of  interest,  interest 
date,  and  date  of  maturity. 

When  any  bonds  are  issued  the  records  supporting  the  entries  to  this 
account  of  such  issues  shall  show  complete  details  as  to  when  they  are 
issued  and  the  consideration  cash  or  otherwise,  for  which  they  are  issued. 

Exclude  from  this  account  discounts  and  premiums  on  bonds.  Charge 
discounts  to  “181.  Unamortized  Debt  Discount  and  Expense”  account 
and  credit  premiums  to  “177.  Unamortized  Premium  on  Debt”  account 

157.  Real  Estate  Mortgages. 

Credit  to  this  account  the  amount  of  any  debt  except  that  evidenced  by 
bonds  which  is  secured  by  a  real  estate  mortgage  and  which  does  not 
mature  until  more  than  one  year  after  the  date  of  the  issue  of  such 
mortgage. 


Balance  Sheet  Accounts. 


The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  party  to  whom 
a  real  estate  mortgage  is  issued,  the  purpose  for  which  it  is  issued,  its 
amount,  interest  rate,  interest  dates,  and  the  date  of  maturity. 

158.  Advances  from  Affiliated  Companies  for  Construction,  Equipment,  or 

Additions  and  Betterments. 

Credit  to  this  account  the  amounts  of  advances  received  by  the  utility 
from  affiliated  companies,  whether  utilities  or  non  utilities,  to  enable  it 
to  pay  for  construction,  equipment,  or  additions  and  betterments. 

In  order  that  such  advances  may  be  credited  to  this  account,  it  must 
be  understood  that  they  are  not  to  be  repaid  within  one  year,  or  that  they 
are  to  be  repaid  in  securities  of  the  utility. 

Exclude  from  this  account  and  credit  to  “183.  Surplus  Invested  in 
Fixed  Capital  After  January  1,  1919”  account,  fhe  amounts  of  advances 
that  are  received  by  the  utility  from  affiliated  companies  without  expecta¬ 
tion  of  reimbursement. 

Exclude  .also  from  this  account  and  credit  to  “165.  Accounts  Payable 
to  Affiliated  Companies”  account,  the  amounts  of  temporary  advances 
on  current  accounts  received  by  the  utility  from  affiliated  companies. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amounts  of  advances  received 
from  each  affiliated  company,  the  length  of  time  for  which  each  such 
advance  is  made,  how  it  is  to  be  repaid,  whether  or  not  each  affiliated 
company  from  which  an  advance  is  received  is  a  utility  or  non  utility, 
and  if  it  is  a  utility  the  kind  of  public  service  that  it  renders. 

159.  Other  Funded  Debt. 

Credit  to  this  account  all  debt  for  which  the  utility  is  liable,  which 
does  not  mature  until  more  than  one  year  after  the  date  it  was  incurred, 
except  the  debt  that  is  carried  in  “356.  Bonds”  and  “157.  Real  Estate 
Mortgages”  accounts  and  also  the  debt  due  affiliated  companies,  which  is 
carried  in  “358.  Advances  from  Affiliated  Companies  for  Construction, 
Equipment  or  Additions  and  Betterments”  account.  Such  debt  shall 
include  all  notes  payable  and  receiver’s  certificates,  etc.,  issued  for  more 
than  one  year,  all  permissible  chattel  mortgages  and  all  other  evidences 
of  indebtedness  not  issued  in  series. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  and  nature  of  each 
kind  of  debt  carried  herein,  to  whom  it  is  owed,  when  it  was  incurred, 
and  when  it  is  payable. 


IV.  CURRENT  LIABILITY  ACCOUNTS. 

160.  Receiver’s  Certificates. 

Credit  to  this  account  the  par  value  of  certificates  of  indebtedness  issued 
upon  the  property  of  the  utility  which  is  in  the  possession  of  any  receiver 
who  is  acting  under  the  orders  of  a  court  of  competent  jurisdiction. 


•  > 
e  ) 


Balance  Sheet  Accounts. 


101.  Judgments. 

Credit  to  tliis  account  the  amount  of  any  judgment  of  indebtedness  that 
is  rendered  by  a  court  of  competent  jurisdiction  against  the  utility  or  any 
fine  or  penalty,  requiring  the  payment  of  money,  that  is  assessed  by  such 
court  against  the  utility,  and  from  which  no  appeal  accompanied  by  stay 
of  execution  has  been  taken  within  the  time  allowed  by  the  law  for  such 
appeal. 

The  entries  to  this  account  shall  show  the  character  of  the  action  or 
suit,  as  a  consequence  of  which  such  judgment  is  pronounced  or  penalty 
assessed,  parties  thereto,  the  court  in  which  tried  and  the  term  thereof. 

162.  Workmen’s  Compensation. 

Credit  to  this  account  and  charge  to  “ISO.  Injuries  and  Damages  Re¬ 
serve”  account  the  full  amount  that  the  utility  is  required  under  the 
Workmen’s  Compensation  Act  to  pay,  over  a  period  of  time,  to  employees 
for  injuries  received  by  them  in  the  service  of  the  utility.  When  pay¬ 
ments  are  made  to  employees  for  such  injuries,  charge  to  this  account 
and  credit  to  “117.  Cash”  or  other  appropriate  account  the  amount  paid. 

This  account  shall  be  carried  by  those  utilities  only  that  have  permis¬ 
sion  from  the  Workmen’s  Compensation  Board  to  carry  their  own  risks. 


163.  Notes  Payable. 

Credit  to  this  account  the  par  value  of  all  notes,  drafts,  and  other 
evidences  of  indebtedness  issued  or  assumed  by  the  utility,  and  payable 
either  on  demand  or  within  a  time  not  exceeding  one  year  from  the  date 
of  issue. 

When  loans  from  affiliated  companies  for  construction  purposes  are 
evidenced  by  demand  or  short  term  notes  intended  later  to  be  exchanged 
for  other  securities  of  the  utility,  exclude  the  amounts  of  such  loans  from 
this  account  and  credit  them  to  “158.  Advances  from  Affiliated  Com¬ 
panies  for  Construction,  Equipment,  or  Additions  and  Betterments” 
account., 

104.  Consumers’  Deposits. 

Credit  to  this  account,  as  such  deposits  are  made,  all  cash  deposited 
with  the  utility  by  consumers  as  security  for  the  payment  of  natural  gas 
bills.  Charge  to  this  account  and  credit  to  “117.  Cash”  account  tne 
amount  of  each  deposit  refunded. 

At  the  close  of  each  fiscal  period  or  earlier,  the  utility  may  charge  to 
this  account  and  credit  to  the  appropriate  consumers’  accounts  the  deposits 
of  those  consumers  whose  accounts  prove  to  be  uncollectible. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  date  and  the  amount  of 
each  deposit;  the  name  and  address  of  the  consumer  making  the  deposit; 
the  date  such  deposit  is  refunded,  and  the  amount  of  interest  paid  thereon. 


165.  Accounts  Payable  to  Affiliated  Companies. 

Credit  to  this  account  the  amounts  owed  by  the  utility  to  affiliated 
companies,  whether  utilities  or  non  utilities,  on  current  accounts. 

Exclude  from  this  account  the  amounts  owed  to  affiliated  companies 
that  are  applicable  to  “158.  Advances  from  Affiliated  Companies  for 
Construction,  Equipment,  or  Additions  and  Betterments”  account. 


O  W 


Balance  Sheet  Accounts. 

TOO.  Other  Accounts  Payable. 

Credit  to  this  account  all  amounts  which  the  utility  owes  to  miscella¬ 
neous  creditors  on  current  accounts  not  provided  for  elsewhere.  Such 
amounts  shall  include  salaries  and  wages,  audited  bills,  vouchers,  etc. 

107.  Matured  Funded  Debt. 

Credit,  at  the  date  of  maturity,  to  this  account  and  charge  to  the  appro¬ 
priate  account  under  funded  debt  the  par  value  of  bonds  and  like  evidences 
of  indebtedness  and  the  face  value  of  real  estate  mortgages  and  other 
items  of  funded  debt  which  have  matured. 

10S.  Matured  Interest  on  Funded  Debt. 

Credit,  at  the  date  of  maturity,  to  this  account  and  charge  to  “173. 
Unmatured  Interest  Accrued  on  Funded  Debt”  account  the  interest 
matured  upon  the  funded  indebtedness  of  .the  utility. 

When  the  coupons  or  other  evidences  of  the  payment  of  such  interest 
have  been  properly  canceled  and  returned,  charge  to  this  account  and 
credit  to  “114.  Interest  Special  Deposits”  or  other  appropriate  account 
the  amount  of  such  interest. 


109.  Matured  Interest  on  Unfunded  Debt. 

Credit,  at  the  date  of  maturity,  to  this  account  and  charge  to  “174. 
Unmatured  Interest  Accrued  on  Unfunded  Debt”  account  the  interest 
matured  upon  any  unfunded  debt  of  the  utility. 

When  such  interest  is  paid,  charge  to  this  account  and  credit  to  “117. 
Cash”  or  other  appropriate  account  the  amount  of  it. 


170.  Dividends  Payable. 

Credit,  when  declared,  to  this  account  and  charge  either  to  “052.  Net 
Income  Appropriated  for  Dividends”  or  to  “705.  Surplus  Appropriated 
for  Dividends”  account  the  amounts  of  dividends  declared  on  any  .issue 
of  capital  stock  of  the  utility. 

When  such  dividends  are  paid,  charge  to  this  account  and  credit  to 
“115.  Dividend  Special  Deposits”  or  other  appropriate  account  the  amount 
of  them. 

171.  Service  Billed  in  Advance. 

Credit  to  this  account  and  charge  to  “119.  Accounts  Receivable  from 
Consumers”  account  the  amounts  of  bills  rendered  for  natural  gas  which 
is  to  be  supplied  in  future  months. 

At  the  end  of  each  accounting  period  charge  to  this  account  and  credit 
to  the  appropriate  revenue  account  the  amount  of  revenue  applicable  to 
each  accounting  period. 

172.  Other  Current  Liabilities. 

Credit  to  this  account  the  amounts  of  all  current  liabilities  of  the  utility 
not  provided  for  elsewhere. 


Ot) 


Balance  Sheet  Accounts. 

V.  ACCRUED  LIABILITY  ACCOUNTS. 

173.  UN  MATURED  INTEREST  ACCRUED  ON  FUNDED  DEBT. 

Credit  to  this  account  and  charge  to  “603.  Interest  Accrued  on  Funded 
Debt”  account  the  amount  of  interest  accrued  during  each  accounting 
period  upon  the  funded  indebtedness  of  the  utility. 

When  such  interest  matures,  charge  to  this  account  and  credit  to  “1G8. 
Matured  Interest  on  Funded  Debt”  account  the  amount  of  it. 

When  bonds  or  other  securities  are  retired  between  interest  paying 
dates,  charge  to  this  account  the  amount  of  the  interest  accrued  thereon 
to  the  date  of  retirement. 

174.  Unmatured  Interest  Accrued  on  Unfunded  Debt. 

Credit  to  this  account  and  charge  to  “604.  Interest  Accrued  on  Un¬ 
funded  Debt”  account  the  amount  of  interest  accrued  during  each  ac¬ 
counting  period  upon  the  unfunded  indebtedness  of  the  utility. 

*  When  such  interest  matures,  charge  to  this  account  and  credit  to  “169. 
Matured  Interest  on  Unfunded  Debt”  account  the  amount  of  it. 

175.  Taxes  Accrued. 

Credit  to  this  account  and  charge  to  “448.  Taxes”  and  “558.  Non 
Operating  Taxes”  accounts  the  amounts  of  taxes  accrued  during  each 
accounting  period  on  the  operating  and  non  operating  properties  of  the 
utility.  These  credits  shall  be  based  upon  estimates  until  the  amounts 
of  taxes  levied  for  the  year  are  definitely  ascertained.  Any  difference 
between  these  and  the  estimated  amounts  shall  be  adjusted  through  “448. 
Taxes”  and  “558.  Non  Operating  Taxes”  accounts  if  such  differences  are 
ascertained  during  the  current  year,  otherwise  through  either  “702.  Other 
Additions  to  Surplus”  or  “711.  Other  Deductions  from  Surplus”  account. 

When  taxes  are  paid  charge  the  amounts  of  such  payments  to  this 
account. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  different  kinds  of  taxes 
involved  herein. 

176.  Other  Accrued  Liabilities. 

Credit  to  this  account  the  amounts  of  all  other  liabilities  that  accrue 
during  each  accounting  period  and  that  are  not  provided  for  elsewhere. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  full  information  as  to  the  different  accruals 
involved  herein. 

VI.  DEFERRED  CREDIT  ACCOUNTS. 

177.  Unamortized  Premium  on  Debt. 

Credit  to  this  account  all  premiums  received  by  the  utility  from  the 
issue  of  bonds  and  other  evidences  of  indebtedness  which  do  not  mature 
until  more  than  one  year  after  the  date  of  their  issue. 

By  premium  is  meant  the  excess  of  the  actual  cash  value  of  the  con¬ 
sideration  received  for  such  bonds  and  other  evidences  of  indebtedness 
over  the  sum  of  the  par  value  thereof  and  the  interest  accrued  thereon 
at  the  time  of  their  issue. 


34 

Balance  Sheet  Accounts. 

Premiums  on  bonds  and  other  evidences  of  indebtedness  issued  by 
others,  and  later  assumed  by  the  utility,  shall  be  included  in  this  account. 

At  or  before  the  close  of  each  fiscal  period  charge  to  this  account  and 
credit  to  “Gil.  Amortization  of  Premium  on  Debt”  account  a  portion  of 
the  premium  applicable  to  each  period  based  upon  the  life  of  such  bonds 
or  other  evidences  of  indebtedness  to  the  date  of  maturity.  At  its  option 
the  utility  may  delay  making  any  charges  to  this  account  until  the  date 
of  maturity  of  such  debt  or,  if  it  is  retired  before  maturity,  until  the 
date  of  retirement.  In  either  case  the  utility  shall  charge  to  this  account 
the  entire  amount  of  the  premium  received  and  shall  credit  to  “Oil. 
Amortization  of  Premium  on  Debt”  account  that  portion  of  the  premium 
which  is  applicable  to  the  current  year  and  to  “702.  Other  Additions  to 
Surplus”  account  the  balance  of  such  premium. 

ITS.  Other  Deferred  Credits. 

Credit  to  this  account  all  deferred  items  not  provided  for  elsewhere 
which  are  later  to  be  credited  to  income  or  surplus  account  over  a  pefiod 
of  time. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  nature  of  each  deferred 
credit  item  carried  herein. 


VII.  OPERATING  RESERVE  ACCOUNTS. 

171).  Insurance  Reserve. 

Credit  to  this  account  and  charge  to  “452.  Other  Insurance”  account 
the  amounts  reserved  by  the  utility  to  provide  for  losses  to  its  property 
not  insured  by  others. 

When  any  property  thus  insured  is  destroyed  credit  the  account  in 
which  it  is  carried  with  the  original  money  cost  of  it.  If  it  is  an  item 
of  fixed  capital  charge  “102.  Depreciation  of  Structures  and  Equipment 
Reserve”  account  with  the  amount  of  depreciation  accrued  on  it;  charge 
the  appropriate  sub-account  of  “123.  Materials  and  Supplies”  account 
with  the  value  of  the  salvage  recovered;  charge  this  account  with  the 
amount  reserved  for  the  insurance  of  such  property;  and  charge  any 
excess  of  the  original  money  cost  of  such  fixed  capital  over  the  sum  of 
the  above  charges  either  to  *'709.  Amortization  Unprovided  for  Else¬ 
where”  account  or,  with  the  approval  of  The  Public  Service  Commission, 
to  “133.  Extraordinary  Casualties”  account.  If  the  property  destroyed 
is  materials  and  supplies  charge  the  original  money  cost  of  it  less  salvage 
to  this  account  and  charge  to  the  appropriate  sub-account  under  “123. 
Materials  and  Supplies”  account  the  value  of  the  salvage  recovered. 

If  any  property  insured  herein  is  damaged  and  is  reparable,  charge  the 
cost  of  repairing  it  to  this  account. 

The  utility  shall  file  with  The  Public  Service  Commission  information 
as  to  the  basis  upon  which  credits  to  this  account  are  made.  It  shall 
so  keep  the  records  supporting  the  entries  to  this  account  that  it  can 
furnish  full  information  as  to  the  nature  and  amount  of  each  charge  to 
this  account. 


Balance  Sheet  Accounts. 


The  utility  is  restricted  in  its  use  of  the  amount  reserved  herein  to 
the  recovery  of  insurance  losses.  Moreover  it  shall  not  divert  any  portion 
of  the  amount  reserved  to  surplus  or  make  any  other  use  thereof  until 
it  has  been  authorized  to  do  so  by  The  Public  Service  Commission. 

The  keeping  of  this  account  is  optional  with  the  utility. 

150.  Injuries  and  Damages  Reserve. 

Credit  to  this  account  and  charge  to  “451.  Injuries  and  Damages” 
account  the  amounts  reserved  by  the  utility  to  provide  for  injuries  to 
employees  and  others  and  for  damages  to  property  not  owned  by  it. 

When  liability  for  any  injury  or  damage  is  admitted  by  the  utility, 
either  voluntarily  or  because  of  a  decision  of  a  court  or  other  lawful 
authority  such  as  the  Workmen’s  Compensation  Board,  charge  to  this 
account  and  credit  to  “117.  Cash”  or  other  appropriate  account  the 
amount  awarded  if  a  cash  settlement  is  made.  If  such  liability  is  to  be 
discharged  over  a  period  of  time,  credit  the  amount  of  it  to  “162.  Work¬ 
men’s  Compensation”  account,  in  case  of  injuries  to  employees,  or  io 
“166.  Other  Accounts  Payadle”  account  in  case  of  other  injuries  or 
damages. 

The  utility  shall  file  with  The  Public  Service  Commission  information 
as  to  the  basis  upon  which  credits  to  this  account  are  made.  It  shall  so 
keep  the  records  supporting  the  entries  to  this  account  that  it  can  furnish 
full  information  as  to  the  nature  and  amount  of  each  charge  to  this 
account. 

The  utility  is  restricted  in  its  use  of  the  amount  reserved  herein  to  the 
payment  of  all  expenses  caused  by  injuries  to  persons  and  damages  to 
property.  Moreover  it  shall  not  divert  any  portion  of  the  amount  reserved 

i 

to  surplus  or  make  any  other  use  thereof  until  it  has  been  authorized  to 
do  so  by  The  Public  Service  Commission. 

The  keeping  of  this  account  is  optional  with  the  utility. 

151.  Uncollectible  Consumers’  Accounts  Reserve. 

Credit  to  this  account  and  charge  to  “440.  Uncollectible  Consumers’ 
Accounts”  account  the  amount  reserved  by  the  utility  to  provide  for  all 
accounts  due  from  consumers  which  prove  uncollectible  because  of  the 
removal  of  the  consumers  beyond  the  jurisdiction  of  the  State,  the  opera¬ 
tion  of  the  statute  of  limitations,  discharge  -in  bankruptcy,  or  for  any 
other  goo ci  and  sufficient  reason. 

When  any  such  account  becomes  uncollectible,  charge  to  this  account 
and  credit  to  the  appropriate  sub-account  under  “119.  Accounts  Receiv¬ 
able  from  Consumers”  account  the  amount  of  it. 

The  utility  shall  file  with  The  Public  Service  Commission  information 
as  to  the  basis  upon  which  credits  to  this  account  are  made.  It  shall  so 
keep  the  records  supporting  the  entries  to  this  account  that  it  can  furnish 
full  information  as  to  the  name  of  each  debtor  whose  debt  is  charged  to 
this  account,  the  date  the  debt  was  incurred,  and  when  it  was  charged 
to  this  account. 

The  utility  is  restricted  in  its  use  of  the  amount  reserved  herein  to  the 
application  of  it  to  its  consumers’  accounts  that  are  considered  uncol¬ 
lectible.  Moreover  it  shall  not  divert  any  portion  of  the  amount  reserved 
to  surplus  or  make  any  other  use  thereof  until  it  has  been  authorized  to 
do  so  by  The  Puolic  Service  Commission. 

The  keeping  of  this  account  is  optional  with  the  utility. 


Balance  Sheet  Accounts. 


182.  Other  Operating  Reserves. 

Credit  to  this  account  and  charge  to  the  appropriate  operating  expense 
account  all  amounts  reserved  by  the  utility  that  are  properly  chargeable 
to  its  operating  expenses  and  which  are  not  provided  for  in  any  of  the 
preceding  reserve  accounts. 

/ 

The  utility  shall  file  with  The  Public  Service  Commission  information 
as  to  the  nature  and  purpose  of  each  reserve  carried  herein  and  as  to 
the  basis  upon  which  the  credits  to  this  account  are  made.  It  shall  so 
keep  the  records  supporting  the  entries  to  this  account  that  it  can  furnish 
full  information  as  to  the  nature  and  amount  of  each  charge  to  this 
account. 

The  utility  is  restricted  in  its  use  of  the  amount  reserved  herein  to  the 
specific  purpose  for  which  it  has  provided  each  reserve.  Moreover  it 
shall  not  divert  any  portion  of  the  amount  reserved  to  surplus  or  make 
any  other  use  thereof  until  it  has  been  authorized  to  do  so  by  The  Public 
Service  Commission. 

The  keeping  of  this  account  is  optional  with  the  utility. 


VIII.  APPROPRIATED  SURPLUS  ACCOUNTS. 

183.  Surplus  Invested  in  Fixed  Capital  After  January  1,  1019. 

Credit  to  this  account  and  charge  to  either  “653.  Net  Income  Appro¬ 
priated  for  Investment  in  Fined  Capital”  or  “706.  Surplus  Appro¬ 
priated  for  Investment  in  Fixed  Capital”  account  those  amounts  that 
are  definitely  set  aside  from  income  or  surplus  after  January  1,  1919, 
and  actually  expended  for  the  acquisition  of  land  and  completed  structures 
and  equipment,  or  for  the  construction  of  new  structures  and  the  pur¬ 
chase  of  new  equipment  or  for  additions  to  land,  or  for  additions  and 
betterments  to  structures  and  equipment.  Credit  also  to  this  account  the 
amounts  set  aside  from  either  income  or  surplus  to  discharge  the  prin¬ 
cipal  of  any  obligations  which  are  outstanding  on  such  land,  structures, 
and  equipment  at  the  time  that  they  are  acquired. 

When  any  gift  in  aid  of  construction  is  made  to  the  utility  by  an  affili¬ 
ated  company  or  by  others,  credit  the  amount  of  it  to  this  account. 

Exclude  from  this  account  temporary  appropriations  for  the  acquisition 
of  property  which  is  later  to  be  paid  for  by  the  issue  of  securities,  and 
appropriations  for  payments  of  obligations  which  are  to  be  replaced  b>* 
the  issue  of  other  securities. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  complete  information  as  to  the  specific  items  of 
fixed  capital  acquired  or  constructed  through  appropriations  from  income 
or  surplus,  the  particular  fixed  capital  accounts  to  which  such  items  are 
charged;  and  the  actual  money  cost  of  them. 

184.  Funded  Debt  Retired  Through  Surplus. 

Credit  at  the  date  of  retirement  to  this  account  and  charge  to  “185. 
Surplus  Reserved  for  Sinking  Funds”  account  the  amounts  set  aside 
from  the  income  or  surplus  of  the  utility  and  expended  by  it  in  the  dis¬ 
charge  of  the  principal  of  any  funded  debt  issued  or  assumed  by  the 
utility. 


Balance  Sheet  Accounts. 

I1-.'*.  Surplus  Reserved  for  Sinking  Funds. 

Credit  to  this  account  and  charge  either  to  “050.  Net  Income  Appro¬ 
priated  for  Sinking  Funds”  or  “703.  Surplus  Appropriated  for  Sinking 
Funds”  account  those  amounts  that  are  definitely  set  aside  from  income 
or  surplus  and  invested  or  placed  in  the  care  of  trustees  or  other  fiscal 
agents  of  the  utility  for  the  purpose  of  providing  funds  for  the  redemp¬ 
tion  of  funded  debt  obligations  that  have  been  issued  subject  to  sinking 
fund  requirements. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  reserved  for  the 
sinking  fund  provided  for  each  class  of  funded  debt  and  the  basis  upon 
which  credits  to  each  such  fund  are  made. 


ISO.  Other  Surplus  Reserves. 

Credit  to  this  account  and  charge  to  either  “051.  Net  Income  Appro¬ 
priated  for  Other  Reserve  Funds”  or  “7C)4.  Surplus  Appropriated  for 
Other  Reserve  Funds"  account  those  amounts  that  are  set  aside  from  the 
income  or  surplus  of  the  utility  and  held  in  reserve  for  purposes  not  pro¬ 
vided  for  elsewhere. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  and  purpose  of  each 
reserve  carried  herein. 

IX*.  UNAPPROPRIATED  SURPLUS  ACCOUNT. 

187.  Corporate  Surplus  Unappropriated. 

At  the  close  of  each  fiscal  period  the  utility,  if  corporate  in  form,  shall 
transfer  to  this  account  from  “625.  Profit  and  Loss — Current  Year” 
account  the  net  income  or  loss  of  the  unappropriated  portion  of  the  net 
income  for  that  period.  It  shall  also  transfer  hereto  the  balances  of  all 
those  accounts  listed  under  “Surplus  Debit  and  Credit  Accounts”.  The 
result  obtained  by  assembling  in  this  account  all  of  the  credit  and  debit 
balances  thus  transferred  is  the  unappropriated  surplus  or  the  deficit  of 
the  utility. 


38 


INDEX  TO  FIXED  CAPITAL  ACCOUNTS 
INSTALLED  SINCE  DECEMBER  31,  1918. 
PRESCRIBED  FOR  ALL  NATURAL  GAS  UTILITIES. 


Account 

Number.  Name  of  Account.  Pa^e. 


I.  UNDISTRIBUTED  INTANGIBLE  FIXED 
CAPITAL  ACCOUNTS. 

200.  Organization  .  44 

201.  Franchises  . 44 

202.  Patent  Rights  and  Licenses  .  44 

203.  Other  Intangible  Capital  .  45 


II.  PRODUCTION  SYSTEM  PROPERTY 

ACCOUNTS. 


204 .  Land  . 

205.  Leaseholds  . 

206.  Rights  of  Way  . 

207.  Natural  Gas  Rights  . 

20S.  Gas  Well  Structures  . 

209.  Field  Measuring  Station  Structures  .  . 

210.  Other  Production  System  Structures  . 

211.  Gas  Well  Construction  . 

212.  Gas  Well  Equipment . 

213.  Field  Line  Construction  . 

214.  Field  Line  Equipment  . 

215.  Field  Measuring  Station  Equipment  .. 

216.  Portable  Engines,  Pumps  and  Boilers  . 

217.  Rigs,  Drilling  and  Cleaning*  Equipment 

218.  Other  Production  System  Equipment  .  . 


45 

45 

45 
15 

46 
46 
46 
46 
46 

46 

47 
47 
47 
47 
47 


III.  TRANSMISSION  SYSTEM  PROPERTY 

ACCOUNTS. 


219.  Land  .  48 

220.  Leaseholds  .  48 

221.  Rights  of  Way  .  48 

222.  Compressing  Station  Structures  .  48 

* 

223.  Transmission  System  Measuring  Station  Structures .  4S 

224.  Other  Transmission  System  Structures .  48 

225.  Compressing  Station  Equipment  .  48 

226.  Transmission  System  Measuring  Station  Equipment .  4S 

227.  Transmission  Line  Construction  .  49 

22S.  Transmission  Line  Equipment  .  49 

229.  Other  Transmission  System  Equipment  .  49 


Account 

Number. 


Pa.ue. 


39 


Index — Fixed  Capital  Accounts. 


Name  of  Account. 

IV.  DISTRIBUTION  SYSTEM  PROPERTY 

ACCOUNTS. 


230.  Land  . . 

231 .  Leaseholds  . 

232.  Rights  of  Way  . . . 

233.  District  Regulator  Structures . 

234.  Other  Distribution  System  Structures 

235.  Gas  Receivers  and  District  Regulators 

238.  Distribution  Line  Construction . 

237.  Distribution  Line  Equipment  . 

238.  Service  Line  Construction  : . 

239.  Service  Line  Equipment  . 

240.  Meters  . 

241.  Meter  Installations  . 

242.  House  Regulators  . 

243.  House  Regulator  Installations  . 

244.  Other  Distribution  System  Equipment 


49 

50 
50 


50 

50 


50 


50 

50 

51 
51 
51 
51 
51 


52 


V.  UTILIZATION  SYSTEM  PROPERTY 

ACCOUNTS. 

245.  Commercial  Lighting  System  .  52 

24G.  Municipal  Street  Lighting  System  .  52 

247.  Private  Street  Lighting  System  .  52 

24S.  Other  Utilization  Equipment  .  52 


VI.  GENERAL  PROPERTY  ACCOUNTS. 

249.  General  Office  Land . 

250.  Other  General  Land  . 

251.  Leaseholds  . 

252.  General  Office  Structures . . 

253.  Other  General  Structures  . 

254.  General  Office  Equipment . . . 

255.  General  Store  Equipment . 

258.  General  Shop  Equipment  . 

257.  General  Stable  Equipment . 

258.  General  Garage  Equipment  . 

259.  General  Laboratory  Equipment  . 

280 .  General  Telephone  and  Telegraph  System  . 

281 .  General  Tools  and  Implements . 

282.  Other  General  Equipment . 


54 

54 

54 

54 

54 

54 


DO 


Do 


40 


Index — Fixed  Capital  Accounts. 

Account 

Number.  Name  of  Account.  Page. 

VII.  UNDISTRIBUTED  CONSTRUCTION 
EXPENDITURE  ACCOUNTS. 

203.  Engineering  and  Superintendence  During  Construction..  55 

264.  General  Officers’  and  Clerks’  Salaries  During  Construc¬ 

tion  .  55 

265.  General  Officers’  and  Clerks’  Expenses  During  Construc¬ 

tion  .  55 

266.  Office  Supplies  and  Expenses  During  Construction  .  55 

267.  Law  Expenditures  During  Construction  .  56 

268.  Injuries  and  Damages  During  Construction .  56 

269.  Insurance  During  Construction  .  56 

270.  Taxes  During  Construction  .  56 

271.  Interest  During  Construction .  57 

272.  Other  Expenditures  During  Construction  .  57 


41 


FIXED  CAPITAL  ACCOUNTS 
INSTALLED  SINCE  DECEMBER  31,  1918. 
Definitions  and  Instructions. 


Fixed  Capital. 

The  fixed  capital  of  the  utility,  as  herein  used,  means  its  property  tangible 
and  intangible,  which  is  used  in  the  production  and  sale  of  natural  gas  and 
which  has  an  expectation  of  life  in  service  of  more  than  one  year. 

The  fixed  capital  accounts  described  in  this  section  are  those  which  provide 
for  all  items  of  fixed  capital  installed  by  the  utility  after  December  31,  1918. 

.  They  are  therefore  the  sub-accounts  of  balance  sheet  account  “101.  Fixed 
Capital  Installed  Since  December  31,  1918.” 

Fixed  capital  consists  of  original  capital,  additions,  betterments  and  replace¬ 
ments. 

Original  capital  is  the  fixed  capital  installed  or  acquired  by  the  utility  prior 

•> 

to  the  beginning  of  its  regular  operations.  The  utility  shall  charge  the  cost 
of  every  item  of  original  capital  installed  on  or  after  January  1,  1919,  to  the 
appropriate  sub-account  of  “101.  Fixed  Capital  Installed  Since  December 
31,  1918”  account. 

Additions  are  land,  structures  and  equipment  added  to  those  in  service  at 
the  beginning  of  operations,  and  not  taking  the  place  of  any  property  of  like 
purpose  previously  held  by  the  utility.  The  cost  of  additions  shall  be  charged 
to  the  appropriate  sub-accounts  of  “101.  Fixed  Capital  Installed  Since  Decem¬ 
ber  31,  1918”  account. 

Betterments  are  physical  changes  in  structures  or  equipment,  the  object  of 
which  is  to  make  the  structures  or  equipment  affected  more  useful  or  of  greater 
capacity  than  they  were  at  the  time  of  their  original  installation  or  acquisition. 
The  utility  shall  charge  as  a  betterment  to  the  appropriate  sub-account  of  “101. 
Fixed  Capital  Installed  Since  December  31,  1918”  account  that  portion  of  the 
cost  of  such  changes,  as  will,  when  added  to  the  original  cost  of  the  structures 
or  equipment  bettered,  give  the  cost  of  the  structures  or  equipment  in  their 
bettered  condition. 

Replacements  are  those  installations  of  fixed  capital  in  which  one  structure 
or  unit  of  equipment  is  substituted  for  another  which  has  become  exhausted 
or  inadequate  in  service,  the  substitute  having  substantially  no  greater  capacity 
than  the  property  replaced;  also  the  extensions  of  life  period  of  franchises, 
patents,  and  other  intangible  fixed  capital. 

•  *  In  every  replacement  the  cost  of  fixed  capital  retired  shall  be  credited  to 

tiie  fixed  capital  accounts  in  which  it  is  carried  and  the  cost  of  the  fixed 
capital  installed  in  place  of  fixed  capital  so  retired  shall  be  charged  to  the 
appropriate  sub-accounts  of  “101.  Fixed  Capital  Installed  Since  December 
e  31,  1918”  account. 

Required  Data  in  Fixed  Capital  Charges. 

Every  charge  made  to  any  fixed  capital  account  on  and  after  January  1,  1919, 
shall  show  whether  the  item  charged  is  original  capital,  an  addition,  a  better¬ 
ment,  or  a  replacement.  If  the  item  is  an  addition,  or  a  betterment,  or  a 
replacement,  the  entry  shall  designate  the  thing  enlarged,  improved  or  replaced 
and  shall  cite  the  name  and  page  of  the  book  or  other  record  in  which  the 
entry  of  the  original  cost  of  such  thing  appears.  If  it  was  acquired  prior  to 


Fixed  Capital — Definitions  and  Instructions. 


January.  1,  1910,  and  the  original  cost  of  it  is  not  known  the  utility  shall  make 
an  estimate  thereof  and  shall  state  this  fact  in  the  entry  that  concerns  the 
addition,  betterment  or  replacement,  and  shall  show  therein  the  basis  of  such 
estimate. 

Land. 

Land  includes  tangible  land  owned  by  the  utility  itself  and  any  acquired 
terminal  rights  or  interest  in  land  owned  by  others,  such  as  leaseholds,  water 
power  rights,  rights  of  way,  and  like  intangible  land  items. 

In  this  classification  tangible  and  intangible  land  shall  be  recorded  sepa¬ 
rately. 

Land  shall  not  include  any  buildings  or  other  structures.  If  the  purchase  of 
land  includes  buildings  and  other  structures  thereon,  such  buildings  and  other 
structures  shall  be  appraised  at  their  structural  values,  as  explained  in  “104. 
Cost  of  Fixed  Capital  Purchased”  account,  and  charged  to  the  appropriate 
structures  account. 

In  order  that  any  item  of  land  may  be  classed  as  land  used  and  useful  in 
the  public  service,  it  must  have  an  expectation  of  life  in  such  service  of  more 
than  one  year  from  the  date  of  its  acquisition  by  the  utility. 

Cost  of  Land. 

The  cost  of  land  includes,  in  addition  to  the  purchase  price,  all  other  costs 
necessary  to  such  purchase  and  borne  by  the  utility,  such  as  the  cost  of  sur- 
\eys,  examination  and  registration  of  title,  conveyancer’s  and  notary’s  fees, 
purchasing  agent’s  commission  and  fees,  or,  in  case  such  agent  is  a  regular 
employee  of  the  utility,  a  proper  proportion  of  his  salary  and  expenses,  taxes 
accrued  to  the  date  of  the  transfer  of  title,  liens  upon  titles,  like  expenses 
necessary  to  secure  title  to  or  interest  in  land,  and  all  expenditures  not  made 
in  connection  with  the  construction  of  structures,  for  clearing,  grading  and 
otherwise  putting  .such  land  in  readiness  for  use  in  the  public  service. 

Si  ructures. 

Structures  include  all  buildings,  other  structures,  and  improvements  on  land 
of  a  permanent  character;  and  all  fixtures  permanently  attached  thereto  and 
made  part  thereof,  which  cannot  be  removed  therefrom  without  cutting  into 
the  walls,  ceilings  or  floors,  or  without  in  some  way  impairing  the  structures. 
Such  fixtures  include  water,  steam  and  gas  pipes;  electric  wiring;  elevators, 
and  engines  and  motors  specially  provided  for  operating  them;  furnaces, 
boilers,  and  other  apparatus  specially  provided  for  producing  steam  for  such 
engines  and  for  heating  structures;  electric  generators  specially  provided  for 
producing  current  for  lighting  structures.  In  addition  structures  include 
brick  and  concrete  smokestacks,  permanent  foundations  and  settings  for 
machinery  and  apparatus,  fences,  walks,  trestles,  drives,  grading  and  other 
improvements  on  grounds  used  in  connection  with  structures;  and  excavations, 
trenchings  and  refillings  done  in  the  construction  of  structures. 

Specially  provided  foundations,  which  are  not  expected  to  outlast  the 
machinery  or  other  equipment  mounted  thereon,  shall  be  classed  as  equipment. 

If  the  purchase  of  structures  includes  any  equipment,  such  equipment  shall 
be  appraised  at  structural  values,  as  explained  in  “194.  Cost  of  Fixed  Capital 
Purchased”  account  and  charged  at  such  values  to  the  appropriate  equipment 
account. 

In  order  that  any  structure  may  be  classed  as  a  structure  used  and  useful 
in  the  public  service,  it  must  have  an  expectation  of  life  in  such  service  of  more 
than  one  year  from  the  date  of  its  construction  or  acquisition  by  the  utility. 


43 


Fixed  Capital — Definitions  and  Instructions. 


Cost  of  Structures. 

If  structures  are  constructed  by  the  utility  itself,  the  cost  of  such  structures 
consists  of  the  actual  money  cost  of  labor  employed,  materials  and  supplies 
consumed,  and  expenses  incurred  by  the  utility  in  constructing  them. 

If  the  utility  purchases  going  or  completed  structures  from  others,  the  cost  of 
such  structures  consists  of  that  portion  of  the  purchase  price  which  represents 
the  actual  cost  of  constructing  such  structures  plus  all  necessary  expenses 
incurred  by  the  utility  in  effecting  the  purchase  of  and  securing  title  to  them. 
If  the  actual  construction  cost  cannot  be  determined  from  the  records  of  the 
vendor,  the  utility  shall  appraise  such  structures  at  their  structural  cost  that 
is  at  the  cost  of  replacement  or  reproduction  less  existing  deterioration  due 
tq  wear  and  tear,  obsolescence  and  inadequacy.  If  the  purchase  price  exceeds 
this  actual  or  structural  cost,  the  utility  shall  charge  the  amount  of  the  excess 
to  “203.  Other  Intangible  Capital”  account. 

If  the  utility’s  structures  are  constructed  for  it  by  a  company  affiliated  with 
it,  the  cost  of  such  structures  consists  of  the  actual  cost  of  labor  employed, 
materials  and  supplies  consumed,  and  expenses  incurred  by  the  affiliated 
company  in  constructing  these  structures.  If  the  price  paid  to  its  affiliated 
company  exceeds  this  cost,  the  utility  shall  charge  the  amount  of  the  excess  to 
“203.  Other  Intangible  Capital”  account. 

Equipment. 

Equipment  includes  all  tangible  fixed  property,  other  than  land  and  struct¬ 
ures  as  herein  defined,  which  is  either  attached  to  such  land  or  structures  by 
its  own  weight  or  other  means,  or  is  otherwise  used  in  connection  with  such 
land  or  structures  and  can  be  readily  removed  therefrom  without  thereby  losing 
its  unity  and  fitness  to  perform  the  particular  service,  or  service  of  like  char¬ 
acter,  for  which  it  was  acquired  by  the  utility,  or  without  destroying  or  in  any 
way  impairing  the  integrity  of  the  structures  with  which  it  is  connected  or 
without  otherwise  rendering  such  land  or  structures  unfit  to  perform  their 
special  utility  functions.  Include  also  in  equipment  specially  provided  founda¬ 
tions  which  are  not  expected  to  outlast  the  machinery  or  other  equipment 
mounted  thereon. 

In  order  that,  any  item  of  equipment  may  be  classed  as  equipment  used  and 
useful  in  the  public  service,  it  must  have  an  expectation  of  life  in  service  of 
more  than  one  year  from  the  date  of  its  acquisition  by  the  utility. 

Exclude  from  equipment  accounts  hand  and  other  portable  tools  which  are 
liable  to  be  lost  or  stolen. 

Cost  of  Equipment. 

The  cost  of  equipment  includes  in  addition  to  the  actual  money  purchase 
price  thereof,  investigation  and  inspection  expenses  necessary  to  such  purchase; 
expenses  of  transportation  when  borne  by  the  utility;  labor  employed,  mate¬ 
rials  and  supplies  consumed,  and  expenses  incurred  by  the  utility  in  unloading 
and  placing  such  equipment  in  readiness  to  operate;  and  like  expenses  incurred 
in  excavating,  trenching,  refilling,  repaving,  and  otherwise  restoring  to  its 
original  condition  land  in  which  equipment  is  located. 


44 


TEXT  EXPLANATORY  OF  FIXED  CAPITAL  ACCOUNTS. 

I.  UNDISTRIBUTED  INTANGIBLE  FIXED  CAPITAL 

ACCOUNTS. 

Charge  to  the  appropriate  accounts  listed  under  this  .caption  the  cost  of 
those  items  of  intangible  fixed  capital,  used  and  useful  in  the  public 
service,  that  do  not  pertain  especially  to  any  one  specific  division  of  fixed 
capital. 

200.  Organization. 

Charge  to  this  account  fees  paid  to  governments  for  the  privilege  of 
incorporation  and  all  other  expenditures  (incident  to  the  organization  of 
the  corporation,  or  other  forms  of  utility,  and  putting  It  in  readiness  to 
do  business. 

In  the  charges  to  this  account  include  counsel  fees;  fees  paid  to  pro¬ 
moters,  either  in  cash  or  in  securities  at  the  cash  value  of  such  securities 
at  the  time  of  the  organization  of  the  utility,  for  their  services  in  organ¬ 
izing  the  utility;  the  cost  of  preparing  and  distributing  prospectuses, 
soliciting  subscriptions  for  stock,  preparing  and  issuing  certificates  of 
stock,  procuring  the  required  approval  of  The  Public  Service  Commission; 
preparing  and  filing  certificates  of  authorization  of  increase  in  capital 
stock  and  issuing  stock  thus  authorized,  filing  and  preparing  certificates 
of  amendment  to  articles  of  incorporation;  any  other  necessary  expense 
incurred  in  the  organization  of  the  utility. 

Exclude  from  this  account  discount  on  bonds  and  other  evidences  of 
indebtedness,  and  expenses  incurred  in  negotiating  loans  and  selling  bonds 
or  other  evidences  of  indebtedness. 

201.  Franchises. 

Charge  to  this  account  the  actual  amount  paid  to  the  State,  or  any 
political  subdivision  thereof,  for  the  grant  to  the  utility  of  any  franchise 
or  right  that  is  necessary  for  the  utility  in  the  conduct  of  its  natural 
gas  operations.  If  such  franchise  is  acquired  by  assignment,  the  charge 
to  this  account  must  not  exceed  the  amount  actually  paid  therefor  by  the 
utility  to  the  assignor,  nor  shall  it  exceed  the  amount  paid  to  the  State, 
or  any  political  subdivision  thereof,  for  such  franchise.  Charge  any 
excess  of  the  amount  paid  by  the  utility  to  the  assignor  over  the  amount 
originally  paid  by  such  assignor  to  the  State,  or  any  political  subdivision 
thereof,  to  “203.  Other  Intangible  Capital”  account. 

Exclude  from  this  account  annual  or  more  frequent  payments  to  any 
government  for  any  franchise  and  charge  them  to  “175.  Taxes  Accrued” 
account  or  to  the  appropriate  operating  expense  accounts.  Exclude  also 
from  this  account  the  amount  paid  for  any  franchise  that  has  a  life  of  not 
more  than  one  year  after  the  date  when  it  is  placed  in  service  or  in  effect  . 
and  charge  it  to  the  appropriate  operating  expense  account  or  to  “129. 
Other  Prepaid  Accounts”  account  if  paid  in  advance. 

\ 

202.  Patent  Rights  and  Licenses. 

Charge  to  this  account  the  cost  of  all  rights  and  licenses,  which  have 
a  life  of  more  than  one  year  from  the  date  wrhen  placed  in  service,  ac¬ 
quired  by  the  utility  in  or  under  valid  patents  granted  by  the  United  States 
to  inventors  for  inventions  and  discoveries  which  are  necessary  or  val¬ 
uable  to  the  economical  conduct  of  the  natural  gas  operations  of  the 
utility. 


45 


Fixed  Capital  Accounts. 

203.  Other  Intangible  Capital. 

Charge  to  this  account  the  cost  of  all  other  intangible  property  not 
provided  for  elsewhere. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  kind  of  each  item  of 
intangible  capital  charged  to  this  account,  the  principal  from  whom  it 
was  acquired  and  the  agents  who  represented  him;  also  the  term  of  the 
life  of  each  item,  or  if  it  is  not  known  an  estimate  thereof  and  the  facts 
upon  which  such  estimate  was  based. 

II.  PRODUCTION  SYSTEM  PROPERTY  ACCOUNTS. 

Charge  to  the  appropriate  accounts  listed  under  this  caption  the  cost 
of  land,  structures,  and  equipment,  as  each  of  these  items  of  property 
is  defined  in  “Fixed  Capital  Definitions  and  Instructions”  on  pages  42 
and  43  of  this  classification,  used  and  useful  in  the  public  service  for  the 
production  of  natural  gas. 

204.  Land. 

Charge  to  this  account  the  cost  of  land  owned  by  the  utility  on  which 
are  located  structures  and  equipment  used  in  the  production  of  natural 
gas. 

205.  Leaseholds. 

Charge  to  this  account  the  first  cost  to  the  utility  of  acquiring  lease- 
..  holds  of  land,  structures,  or  equipment  used  by  the  utility  in  the  produc¬ 
tion  of  natural  gas. 

Exclude  from  this  account  the  cost  of  leaseholds  which  terminate  in 
one  year  or  less  after  they  become  effective.  Exclude  also  rents  paid 
periodically  for  rights  obtained  under  leases. 

In  this  classification  this  account  is  classed  as  intangible  fixed  capital 

and  as  such  should  be  amortized  during  the  lives  of  the  leaseholds. 

* 

206.  Rights  of  Way. 

Charge  to  this  account  the  first  cost  of  all  interests  in  land  not  owned 
by  the  utility,  which  do  not  terminate  until  more  than  one  year  after 
they  become  effective  and  which  are  acquired  by  it  to  locate  thereon 
pipe  lines,  telephone  poles  and  lines,  and  like  property  used  by  the 
utility  in  its  production  system. 

In  this  classification  this  account  is  classed  as  intangible  fixed  capital 
and  if  the  rights  charged  hereto  are  limited  in  life  should  be  amortized 
during  the  lives  of  the  rights. 

207.  Natural  Gas  Rights. 

Charge  to  this  account  the  first  cost  to  the  utility  of  purchasing  natural 
gas  rights.  This  account  is  intended  to  provide  for  the  cost  to  the 
utility  of  obtaining  ownership  in  gas  underlying  land  not  owned  or  leased 
by  the  utility.  It  does  not  provide  for  gas  rights  which  are  leased  and 
which  are  properly  chargeable  to  “205.  Leaseholds”  account. 

In  this  classification  this  account  is  classed  as  intangible  fixed  capital 
and  if  the  rights  charged  hereto  are  limited  in  life  should  be  amortized 
during  the  lives  of  the  rights. 


Fixed  Capital  Accounts. 


208.  Gas  Well  Structures. 

Charge  to  this  account  the  cost  of  well  structures  owned  by  the  utility 
and  used  by  it  to  house  pumping  and  other  equipment  necessary  to  keep 
the  wells  in  operation. 

209.  Field  Measuring  Station  Structures. 

Charge  to  this  account  the  cost  of  structures  owned  by  the  utility  and 
used  by  it  to  house  meters  and  appurtenant  appliances  used  in  measuring 
natural  gas  before  it  is  conveyed  to  the  compressing  or  boosting  stations 
or  other  points  where  the  transmission  system  begins. 

210.  Other  Production  System  Structures. 

Charge  to  this  account  the  cost  of  structures  not  provided  for  elsewrhere 
owned  by  the  utility  and  used  by  it  in  its  production  .system. 

211.  Gas  Well  Construction. 

Charge  to  this  account  the  cost  of  labor  employed,  materials  consumed, 
and  expenses  incurred  by  the  utility  in  drilling*  casing,  tubing,  packing, 
and  connecting  new  gas  wells  to  field  lines,  and  otherwise  preparing  them 
for  operation. 

In  the  charges  to  this  account  include  the  cost  of  making  roads  to 
well  sites;  cutting  and  hauling  timber;  hauling,  erecting,  tearing  down 
and  removing  rigs;  hauling  and  putting  in  place  pipes,  casings,  fittings, 
portable  engines,  boilers,  tools  and  other  equipment  used  in  drilling; 
procuring  water  for  use  in  drilling  either  by  drilling  wrater  wells,  or 
piping  water  from  springs  or  streams,  or  purchasing  it;  also  the  cost  of 
gas  purchased  and  other  supplies  used  and  expenses  incurred  in  the  con¬ 
struction  of  gas  wells. 

212.  Gas  Well  Equipment. 

Charge  to  this  account  the  cost  of  drive  pipe,  casing,  tubing,  packers, 
fittings,  and  other  gas  well  equipment  up  to  and  including  the  well  gates 
or  stops.  Charge  also  to  this  account  the  cost  of  gas  engines  and  ap¬ 
pliances  owned  by  the  utility  and  used  by  it  exclusively  in  the  operation 
of  its  natural  gas  wells. 

Exclude  from  this  account  and  charge  to  “211.  Gas  Well  Construc¬ 
tion”  account  the  cost  of  labor  employed,  materials  consumed,  and  ex¬ 
penses  incurred  in  installing  gas  well  equipment. 

213.  Field  Line  Construction. 

Charge  to  this  account  the  cost  of  labor  employed,  materials  consumed, 
and  expenses  incurred  by  the  utility  in  constructing  pipe  lines  owned 
and  used  by  it  in  collecting  natural  gas  from  wells  and  conveying  it  to 
the  compressing  or  boosting  stations,  or  other  points  where  the  trans¬ 
mission  system  begins. 

In  the  charges  to  this  account  include  the  cost  of  hauling,  ditching, 
•constructing  supports,  conduits,  etc.,  laying  pipe,  refilling,  repaving, 
damage  to  crops,  fences,  etc.;  also  the  cost  of  tools  consumed,  other  sup¬ 
plies  used  and  expenses  incurred  in  the  construction  of  field  lines. 

Exclude  from  this  account  and  charge  to  ‘‘214.  Field  Line  Equipment” 
account  the  cost  of  pipe,  collars,  couplings,  other  fittings,  gates,  valves, 
and  other  equipment  accessory  to  the  field  lines. 


47 


Fixed  Capital  Accounts. 

214.  Field  Line  Equipment. 

Charge  to  this  account  the  cost  of  held  line  equipment  owned  by  the 
utility  and  used  by  it  in  collecting  natural  gas  from  wells  and  conveying 
it  to  the  compressing  or  boosting  stations  or  other  points  where  the  trans¬ 
mission  system  begins.  ; 

In  the  charges  to  this  account  include  the  cost  of  pipe,  collars,  coup¬ 
lings,  other  fittings,  gates,  valves,  and  other  equipment  accessory  to  the 
field  lines. 

Exclude  from  this  account  and  charge  to  “213.  Field  Line  Construc¬ 
tion”  account  the  cost  of  labor  employed,  materials  consumed,  and  ex¬ 
penses  incurred  in  installing  field  line  equipment. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the*  utility  can  furnish  information  as  to  the  diameter,  length,  weight, 
material,  price,  and  date  of  Installation  of  each  field  line;  also  the  cost 
and  date  of  installation  of  collars,  couplings  and  other  fittings. 

215.  Field  Measuring  Station  Equipment. 

Charge  to  this  .account  the  cost  of*  meters,  gauges,  and  other  equipment 
owned  by  the  utility  and  used  by  it  in  measuring  natural  gas  collected 
into  the  field  lines  before  it  is  conveyed  to  compressing  or  boosting  sta¬ 
tions  or  other  points  where  the  transmission  system  begins. 

21(5.  Portable  Engines,  Pumps  and  Boilers. 

Charge  to  this  account  the  cost  of  portable  engines,  pumps,  and  boilers 
Gwned  by  the  utility  and  used  by  it  in  drilling  and  cleaning  out  natural 
gas  wells  and  performing  other  services  in  the  production  system. 

217.  Rigs,  Drilling  and  Cleaning  Equipment. 

Charge  to  this  account  the  cost  of  rigs,  drilling,  and  cleaning  equipment 
owned  by  the  utility  and  used  by  it  in  drilling  and  cleaning  its  own 
natural  gas  wells. 

In  the  charges  to  this  account  include  the  cost  of  rigs,  drilling  cables, 
rope  sockets,  swivel  wrenches,  bailers,  and  other  equipment  used  in 
drilling  and  cleaning  natural  gas  wells. 

Exclude  from  this  account  and  charge  to  “216.  Portable  Engines, 
Pumps  and  Boilers”  the  cost  of  such  engines,  pumps  and  boilers  owned 
by  the  utility  and  used  by  it  in  drilling  and  cleaning  its  own  natural  gas 
wells. 

2 1 S .  Other  Production  System  Equipment. 

Charge  to  this  account  the  cost  of  equipment  not  provided  for  elsewhere 
owned  by  the  utility  and  used  by  it  in  the  production  of  natural  gas. 

III.  TRANSMISSION  SYSTEM  PROPERTY  ACCOUNTS. 

Charge  to  the  appropriate  accounts  listed  under  this  caption  the  cost 
of  land,  structures,  and  equipment  as  each  of  these  items  of  property  is 
defined  in  “Fixed  Capital  Definitions  and  Instructions”  on  pages  42  and 
43  of  this  classification  used  and  useful  in  the  public  service  for  the  trans¬ 
mission  of  natural  gas  from  the  compressing  or  boosting  stations  or  other 
points  where  the  transmission  system  begins  to  the  inlet  of  the  district 
regulators  or  other  points  where  the  distribution  system  begins. 


Fixed  Capital  Accounts. 


219.  Land. 

Charge  to  this  account  the  cost  of  land  owned  by  the  utility  on  which 
are  located  structures  and  equipment  used  in  the  transmission  of  natural 
gas. 

220.  Leaseholds. 

Charge  to  this  account  the  first  cost  to  the  utility  of  acquiring  lease¬ 
holds  of  lands,  structures,  or  equipment  used  by  the  utility  in  the  trans¬ 
mission  of  natural  gas. 

Exclude  from  this  account  the  cost  of  leaseholds  which  terminate  in 
one  year  or  less  after  they  become  effective.  Exclude  also  rents  paid 
periodically  for  rights  obtained  under  leases. 

In  this  classification  this  account  is  classed  as  intangible  fixed 'capital 
and  as  such  should  be  amortized  during  the  lives  of  the  leaseholds. 

221.  Rights  of  Way. 

Charge  to  this  account  the  first  cost  of  all  interests  in  land  not  owned 
by  the  utility,  which  do  not  terminate  until  more  than  one  year  after  they 
become  effective  and  which  are  acquired  by  it  to  locate  thereon  pipe  lines 
used  in  its  transmission  system. 

In  this  classification  this  account  is  classed  as  intangible  fixed  capital 
and  if  the  rights  charged  hereto  are  limited  in. life  should  be  amortized 
during  the  lives  of  the  rights. 

222.  Co m pressing  Station  Structures. 

Charge  to  this  account  the  cost  of  structures  owned  by  the  utility  and 
used  by  it  to  house  compressors,  boosters,  and  appurtenant  engines  and 
equipment. 

223.  Transmission  System  Measuring  Station  Structures. 

Charge  to  this  account  the  cost  of  structures  owned  by  the  utility  and 
used  by  it  to  house  meters  and  appurtenant  equipment  used  in  measuring 
natural  gas  before  it  is  transmitted  to  the  distribution  system. 

224.  Other  Transmission  System  Structures. 

Charge  to  this  account  the  cost  of  structures  not  provided  for  elsewhere, 
that  are  owned  by  the  utility  and  used  by  it  in  its  transmission  system. 

225.  Compressing  Station  Equipment. 

Charge  to  this  account  the  cost  of  equipment  owned  by  the  utility  and 
used  by  it  in  increasing  the  pressure  of  natural  gas  before  it  is  transmitted 
to  the  distribution  system. 

In  the  charges  to  this  account  include  the  cost  of  compressors,  boosters, 
gas  and  steam  engines,  electric  apparatus  for  furnishing  motive  power 
for  compressors  and  boosters;  lighting  and  ventilating  appliances;  and 
all  other  equipment  used  in  the  compressing  station. 

220.  Transmission  System  Measuring  Station  Equipment. 

Charge  to  this  account  the  cost  of  equipment  owned  by  the  utility  and 
used  by  it  in  measuring  natural  gas  before  it  is  transmitted  to  the  distri¬ 
bution  system. 

In  the  charges  to  this  account  include  the  cost  of  meters,  gauges,  and 
other  equipment  used  in  the  transmission  system  measuring  station. 


41) 


Fixed  Capital  Accounts. 

227.  Transmission  Line  Construction. 

Charge  to  this  account,  the  cost  of  labor  employed,  materials  consumed, 
and  expenses  incurred  by  the  utility  in  constructing  pipe  lines  owned  and 
used  by  it  in  transmitting  natural  gas  from  the  compressing  or  boosting 
stations  or  other’  points  where  the  transmission  system  begins  to  the 
points  where  the  distribution  system  begins. 

In  the  charges  to  this  account  include  the  cost  of  hauling,  ditching, 
constructing  supports,  conduits,  etc.,  laying  pipe,  refilling,  repaving, 
damage  to  crops,  fences,  etc.,  also  the  cost  of  tools  consumed,  other  sup¬ 
plies  used,  and  expenses  incurred  in  the  construction  of  transmission  lines. 

Exclude  from  this  account  and  charge  to  “228.  Transmission  Line 
Equipment”  account  the  cost  of  pipe,  collars,  couplings,  other  fittings, 
gates,  valves,  and  other  equipment  accessory  to  the  transmission  lines. 

22S.  Transmission  Line  Equipment. 

Charge  to  this  account  the  cost  of  pipe  line  equipment  owned  by  the 
utility  and  used  by  it  in  transmitting  natural  gas  from  the  coinpressing 
or  boosting  stations  or  other  points  where  the  transmission  system  begins 
to  the  district  regulators  or  other  points  where  the  distribution  system 
begins. 

In  the  charges  to  this  account  include  the  cost  of  transmission  line 
pipe,  collars,  couplings,  other  fittings,  gates,  valves,  and  other  equipment 
accessory  to  the  transmission  pipe  lines.  * 

Exclude  from  this  account  and  charge  to  “227.  Transmission  Line  Con¬ 
struction”  account  the  cost  of  labor  employed,  materials  consumed,  and 
expenses  incurred  in  installing  transmission  line  equipment. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  diameter,  length,  weight, 
material,  price,  and  date  of  installation  of  each  transmission  line;  also 
the  cost  and  date  of  installation  of  collars,  couplings,  and  other  fittings. 

220.  Other  Transmission  System  Equipment. 

Charge  to  this  account  the  cost  of  equipment  not  provided  for  else¬ 
where  owned  by  the  utility  and  used  by  it  exclusively  in  the  transmission 
system. 

IV.  DISTRIBUTION  SYSTEM  PROPERTY  ACCOUNTS. 

Charge  to  the  appropriate  accounts  listed  under  this  caption  the  cost 
of  land,  structures,  and  equipment  as  each  of  these  items  of  property 
is  defined  in  “Fixed  Capital  Definitions  and  Instructions”  on  pages  42 
and  43  of  this  classification,  used  and  useful  in  the  public  service  for  the 
distribution  of  natural  gas  from  the  district  regulators  or  other  points  of 
distribution. 

230.  Land. 

Charge  to  this  account  the  cost  of  land  owned  by  the  utility  on  which 
are  located  structures  and  equipment  used  In  the  distribution  of  natural 

gas. 

4 


50 

Fixed  Capital  Accounts. 


231 .  Leaseholds. 

Charge  to  this  account  the  first  cost  to  the  utility  of  land,  structures, 
and  equipment  used  by  the  utility  in  the  distribution  of  natural  gas. 

Exclude  from  this  account  the  cost  of  leaseholds  which  terminate  in  one 
year  or  less  after  they  become  effective.  Exclude  also  rents  paid  periodi¬ 
cally  for  rights  obtained  under  leases. 

In  this  classification  this  account  is  classed  as  intangible  fixed  capital 
and  as  such  should  be  amortized  during  the  lives  of  the  leaseholds. 

232.  Rights  of  Way. 

Charge  to  this  account  the  first  cost  of  all  interests  in  land  not  owned 
by  the  utility,  which  do  not  terminate  until  more  than  one  year  after 
they  become  effective  and  which  are  acquired  by  it  to  locate  thereon  pipe 
lines  used  in  its  distribution  system. 

In  this  classification  this  account  is  classed  as  intangible  fixed  capital 
and  if  the  rights  charged  hereto  are  limited  in  life  should  be  amortized 
during  the  lives  of  the  rights. 

233.  District  Regulator  Structures. 

Charge  to  this  account  the  cost  of  structures  owned  by  the  utility  and 
used  by  it  to  house  district  regulators,  recording  gauges,  and  appurtenant 
equipment. 

234.  Other  Distribution  System  Structures. 

Charge  to  this  account  the  cost  of  structures  not  provided  for  elsewhere 
owned  by  the  utility  and  used  by  it  in  its  distribution  system. 

235.  Gas  Receivers  and  District  Regulators. 

Charge  to  this  account  the  cost  of  equipment  owned  by  the  utility  and 
used  by  it  to  receive  natural  gas  from  the  transmission  lines  and  to  regu¬ 
late  its  pressure  before  it  passes  into  the  distribution  lines. 

In  the  charges  to  this  account  include  the  cost  of  gas  receivers,  district 
regulators,  recording  gauges,  safety  tanks,  and  appurtenant  equipment. 

23(3.  Distribution  Line  Construction. 

Charge  to  this  account  the  cost  of  labor  employed,  materials  consumed, 
and  expenses  incurred  by  the  utility  in  constructing  pipe  lines  owned 
and  used  by  it  in  distributing  natural  gas  from  the  district  regulators 
or  other  points  where  the  distribution  system  begins  to  the  consumers 
service  lines. 

In  the  charges  to  this  account  include  the  cost  of  hauling,  ditching, 
constructing  supports,  conduits,  etc.,  laying  pipe,  refilling,  repaving,  also 
the  cost  of  tools  consumed,  other  supplies  used,  and  expenses  incurred  in 
the  construction  of  distribution  lines. 

Exclude  from  this  account  and  charge  to  “237.  Distribution  Line  Equip¬ 
ment”  account  the  cost  of  pipe,  collars,  couplings,  other  fittings,  gates, 
valves,  and  other  equipment  accessory  to  the  distribution  lines. 

237.  Distribution  Line  Equipment. 

Charge  to  this  account  the  cost  of  pipe  line  equipment  owned  by  the 
utility  and  used  by  it  in  distributing  natural  gas  from  the  district  regu¬ 
lators  or  other  points  wthere  the  distribution  system  begins  to  the  con¬ 
sumers  service  lines. 


51 


Fixed  Capital  Accounts. 

In  the  charges  to  this  account  include  the  cost  of  distribution  line  pipe, 
collars,  couplings,  other  fittings,  gates,  valves,  and  other  equipment 
accessory  to  the  distribution  lines. 

Exclude  from  this  account  and  charge  to  “23G.  Distribution  Line  Con¬ 
struction”  account  the  cost  of  labor  employed,  materials  consumed,  and 
expenses  incurred  in  installing  distribution  lines. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  diameter,  length,  weight, 
material,  price  and  date  of  installation  of  each  distribution  line;  also 
the  cost  and  date  of  installation  of  collars,  couplings,  and  other  fittings. 

238.  Service  Line  Construction. 

Charge  to  this  account  the  cost  of  labor  employed,  materials  consumed, 
and  expenses  incurred  by  the  utility  in  constructing  pipe  lines  owned  and 
used  by  it  for  conveying  natural  gas  from  the  distribution  lines  to  the 
consumers’  premises. 

In  the  charges  to  this  account  include  the  cost  of  teaming,  ditching, 
refilling,  repaving,  also  the  cost  of  tools  consumed,  other  supplies  used, 
and  expenses  incurred  in  the  construction  of  service  lines. 

Exclude  from  this  account  and  charge  to  “239.  Service  Line  Equip¬ 
ment”  account  the  cost  of  pipe,  fittings,  curb  boxes,  and  other  equipment 
accessory  to  the  service  lines. 

239.  Service  Line  Equipment. 

Charge  to  this  account  the  cost  of  pipe  line  equipment  owned  by  the 
utility  and  used  by  it  to  convey  natural  gas  from  the  distribution  lines 
to  the  consumer’s  premises. 

In  the  charges  to  this  account  include  the  cost  of  pipe,  fittings,  curb 
boxes,  and  other  equipment  accessory  to  the  service  lines. 

Exclude  from  this  account  and  charge  to  “238.  Service  Line  Construc¬ 
tion”  account  the  cost  of  labor  employed,  materials  consumed,  and  ex¬ 
penses  incurred  in  installing  service  lines. 

The.  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  diameter,  length,  weight, 
material,  price,  and  date  of  installation  of  each  service  line. 

240.  Meters. 

Charge  to  this  account  the  cost  of  meters  owned  by  the  utility  and 
used  by  it  to  determine  the  quantity  of  natural  gas  sold  to  its  consumers. 
Charge  also  to  this  account  the  cost  of  the  original  testing  of  meters 
before  their  first  installation. 

241.  Meter  Installations. 

Charge  to  this  account  the  cost  of  labor  employed,  materials,  used,  and 
expenses  incurred  by  the  utility  in  connection  with  the  original  installa¬ 
tion  of  meters. 

Exclude  from  this  account  the  cost  of  replacing  meters  or  removing 
them  to  and  installing  them  in  other  locations. 

242.  House  Regulators. 

Charge  to  this  account  the  cost  of  regulators  owned  by  the  utility  and 
used  by  it  to  regulate  the  pressure  of  natural  gas,  before  the  gas  enters 
the  consumers’  meters.  Charge  also  to  this  account  the  cost  of  the 
original  testing  of  regulators  before  their  first  installation. 


52 


Fixed  Capital  Accounts. 

243.  House  Regulator  Installations. 

Charge  to  this  account  the  cost  of  labor  employed,  materials  used,  and 
expenses  incurred  by  the  utility  in  connection  with  the  original  installa¬ 
tion  of  house  regulators. 

Exclude  from  this  account  the  cost  of  replacing  house  regulators  or 
removing  them  to  and  installing  them  in  other  locations. 

244.  Other  Distribution  System  Equipment. 

Charge  to  this  account  the  cost  of  equipment  not  provided  for  elsewhere 
owned  by  the  utility  and  used  by  it  in  its  distribution  system. 

V.  % 

V.  UTILIZATION  SYSTEM  PROPERTY  ACCOUNTS. 

Charge  to  the  appropriate  accounts  listed  under  this  caption  the  cost 
of  equipment,  as  this  item  of  property  is  defined  in  “Fixed  Capital  Defi¬ 
nitions  and  Instructions”  on  page  43  of  this  classification,  owned  by 
the  utility  and  used  by  others  in  consuming  natural  gas. 

245.  Commercial  Lighting  System. 

Charge  to  this  account  the  cost  of  lighting  equipment,  except  that  used 
for  lighting  municipal  and  private  streets,  owned  and  operated  by  the 
utility  and  used  by  others  in  consuming  natural  gas  sold  to  them  by  the 
utility  for  lighting  purposes. 

In  the  charges  to  this  account  include  the  cost  of  lamps,  lamp  fixtures, 
and  other  equipment  used  in  connection  with  the  commercial  lighting 
system. 

246.  Municipal  Street  Lighting  System. 

Charge  to  this  account  the  cost  of  street  lighting  equipment  owned, 
operated,  and  maintained  by  the  utility  and  used  by  it  for  lighting  public 
streets— 

In  the  charges  to  this  account  include  the  cost  of  lamps,  lamp  fixtures, 
posts,  and  other  equipment  used  in  connection  with  the  municipal  street 
lighting  system. 

247.  Private  Street  Lighting  System. 

Charge  to  this  account  the  cost  of  street  lighting  equipment  owned, 
operated,  and  maintained  by  the  utility  and  used  by  it  for  lighting  private 
streets. 

In  the  charges  to  this  account  include  the  cost  of  lamps,  lamp  fixtures, 
posts,  and  other  equipment  used  in  connection  with  the  private  street 
lighting  system. 

24S.  Other  Utilization  Equipment. 

Charge  to  this  account  the  cost  of  all  other  equipment  owned  and  main¬ 
tained  by  the  utility  and  installed  by  it  on  the  premises  of  consumers 
for  the  purpose  of  supplying  them  with  natural  gas.  Charge  also  to  this 
account  the  cost  of  the  original  installation  of  each  item  of'  equipment 
carried  herein. 

In  the  charges  to  this  account  include  the  cost  of  gas  engines  and  ap¬ 
pliances  and  like  equipment. 

Exclude  from  this  account  the  cost  of  replacing  such  items  of  equip¬ 
ment  and  removing  them  to  and  installing  them  in  other  locations. 


Fixed  Capital  Accounts. 


VI.  GENERAL  PROPERTY  ACCOUNTS. 

Charge  to  the  appropriate  accounts  listed  under  this  caption  the  cost 
of  land,  structures,  -  and  equipment,  as  each  of  these  items  of  property 
is  defined  in  “Fixed  Capital  Definitions  and  Instructions”  on  pages  42 
and  43  of  this  classification,  used  and  useful  in  the  public  service  and 
employed  by  the  utility  in  its  natural  gas  operations  but  not  used  exclus¬ 
ively  in  any  one  functional  operation. 

249.  General  Office  Land. 

Charge  to  this  account  the  cost  of  land  owned  by  the  utility  on  which 
are  located  its  general  office  structures  and  equipment. 

250.  Other  General  Land. 

Charge  to  this  account  the  cost  of  general  land,  except  that  provided 
for  in  “249.  General  Office  Land”  account,  owned  by  the  utility  and  used 
by  it  in  the  conduct  of  its  natural  gas  operations. 

In  the  charges  to  this  account  include  the  cost  of  land  on  which  are 
located  structures  and  equipment  used  for  shop,  store,  stable,  garage, 
laboratory,  and  other  general  purposes. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  separate  cost  of  land  used 
for  each  such  general  purpose. 

251.  Leaseholds. 

Charge  to  this  account  the  first  cost  to  the  utility  of  acquiring  lease¬ 
holds  of  land,  structures,  or  equipment  used  by  the  utility  for  general 
purposes  in  the  conduct  of  its  natural  gas  operations. 

Exclude  from  this  account  the  cost  of  leaseholds  which  terminate  in 
one  year  or  less  after  they  become  effective.  'Exclude  also  rents  paid 
periodically  for  rights  obtained  under  leases. 

In  this  classification  this  account  is  classed  as  intangible  fixed  capital 
and. as  such  should  be  amortized  during  the  lives  of  the  leaseholds. 

252.  General  Office  Structures. 

Charge  to  this  account  the  cost  of  buildings  owned  by  the  utility  and 
used  by  it  for  general  office  purposes. 

253.  Other  General  Structures. 

Charge  to  this  account  the  cost  of  general  structures,  except  those  pro¬ 
vided  for  in  “252.  General  Office  Structures”  account,  owned  by  the 
utility  and  used  by  it  in  the  conduct  of  its  natural  gas  operations. 

In  the  charges  to  this  account  include  the  cost  of  structures  used  for 
shop,  store,  stable,  garage,  laboratory,  and  other  general  purposes. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  separate  cost  of  struct¬ 
ures  used  for  each  such  general  purpose. 

254.  General  Office  Equipment. 

Charge  to  this  account  the  cost  of  equipment  owned  by  the  utility  and 
used  by  it  in  its  general  offices. 


54 


Fixed  Capital  Accounts. 

In  the  charges  to  this  account  include  the  cost  of  desks,  chairs,  tables, 
filing  cases,  book  cases  and  racks,  movable  safes,  typewriters,  adding  ami 
calculating  machines,  addressographs,  drafting  tables  and  instruments, 
engineering  instruments,  and  like  appliances  used  in  connection  with  the 
general  office. 

255.  General  Store  Equipment. 

Charge  to  this  account  the  cost  of  equipment  owned  by  the  utility  and 
used  by  it  in  its  general  stores. 

In  the  charges  to  this  account  include  the  cost  of  movable  counters 
and  shelves,  carts,  barrows,  trucks,  derricks,  cranes,  hoists,  other  loading 
and  unloading  machinery,  and  all  other  apparatus  and  appliances  used 
in  storing  and  handling  materials  and  supplies. 

250.  General  Shop  Equipment. 

Charge  to  this  account  the  cost  of  equipment  owned  by  the  utility  and 
used  by  it  in  its  general  shops. 

In  the  charges  to  this  account  include  the  cost  of  furnaces,  boilers, 
gas  producers,  engines,  electric  generators,  and  other  power  apparatus 
specially  provided  for  operating  general  shop  machinery;  also  machine 
tools,  cranes,  hoists,  shafting,  belting,  smithing  equipment  other  than 
that  used  for  shoeing  horses  and  repairing  vehicles,  and  all  other  appli¬ 
ances  used  in  the  general  shops. 

Exclude  from  this  account  hand  and  other  small  tools  which  are  liable 
to  be  lost  or  stolen. 

257.  General  Stable  Equipment. 

Charge  to  this  account  the  cost  of  equipment  owned  by  the  utility  and 
used  by  it  in  its  general  stables. 

In  the  charges  to  this  account  include  the  cost  of  horses,  harness,  drays 
and  wagons,  equipment  for" shoeing  horses  and  repairing  harness,  and 
vehicles,  and  all  other  appliances  used  in  the  general  stables. 

258.  General  Garage  Equipment. 

Charge  to  this  account  the  cost  of  equipment  owned  by  the  utility  and 
used  by  lit  in  its  general  garages. 

In  the  charges  to  this  account  include  the  cost  of  automobiles,  bicycles, 
motorcycles  and  accessories,  and  all  other  appliances  used  in  the  general 
garages. 

259.  General  Laboratory  Equipment. 

Charge  to  this  account  the  cost  of  equipment  owned  by  the  utility  and 
used  by  it  in  its  general  laboratory. 

In  the  charges  to  this  account  include  the  cost  of  testing  apparatus 
and  laboratory  appliances  not  provided  for  elsewhere. 

Exclude  from  this  account  the  cost  of  testing  instruments  permanently 
assigned  to  any  specific  department. 

200.  General  Telephone  and  Telegraph  System. 

Charge  to  this  account  the  cost  of  telegraph  and  telephone  equipment 
owned  by  the  utility  and  used  by  it  in  the  operation  of  its  natural  gas 
system. 


Fixed  Capital  Accounts. 


In  the  charges  to  this  account  include  the  cost  of  poles,  cables,  wires, 
booths,  instruments,  and  all  other  equipment  assigned  to  the  telephone 
and  telegraph  system. 

2<»1.  General  Tools  and  Implements. 

Charge  to  this  account  the  cost  of  tools  other  than  hand  tools  and  im¬ 
plements,  not  provided  for  elsewhere,  owned  by  the  utility  and  used  by  it 
in  the  conduct  of  its  natural  gas  operations. 

2G2.  Other  General  Equipment. 

Charge  to  this  account  the  cost  of  all  general  equipment,  not  provided 
for  elsewhere,  owned  by  the  utility  and  used  by  it  in  the  conduct  of  its 
natural  gas  operations. 

VII.  UNDISTRIBUTED  CONSTRUCTION  EXPENDI¬ 
TURE  ACCOUNTS. 

Charge  to  the  appropriate  accounts  listed  under  this  caption  the  amount 
of  those  expenses  therein  described  which  are  incurred  by  the  utility 
during  the  period  of  the  construction  of  its  natural  gas  system,  or  any 
part  thereof,  and  which  cannot  be  satisfactorily  assigned  by  it  to  the 
specific  fixed  capital  accounts  in  which  it  is  required  to  record  the  items 
of  fixed  capital  acquired  by  it  after  December  31,  1918. 

263.  Engineering  and  Superintendence  During  Construction. 

Charge  to  this  account  expenditures  for  services  of  engineers,  drafts¬ 
men  and  superintendents  employed  on  construction  work  and  work  pre¬ 
liminary  thereto. 

264.  General  Officers’  and  Clerks’  Salaries  During  Construction. 

Charge  to  this  account  the  salaries  of  executive  and  general  officers, 
and  general  office  clerks,  that  accrue  during  the  period  of  construction. 

If  the  utility  is  already  operating  a  natural  gas  system,  charge  to  this 
account  only  that  proportion  of  such  salaries,  that  is  based  upon  the  time 
which  such  officers  and  clerks  actually  spend  in  new  construction. 

265.  General  Officers’  and  Clerks’  Expenses  During  Construction. 

Charge  to  this  account  the  traveling  and  all  other  necessary  expenses 
incurred  for  the  benefit  of  the  utility  by  its  general  officers  and  general 
office  clerks  during  the  period  of  construction.  If  the  utility  is  already 
operating  a  natural  gas  system,  charge  to  this  account  only  those  expenses 
that  are  incurred  while  such  officers  and  clerks  are  actually  engaged  on 
construction  work. 

266.  Office  Supplies,  and  Expenses  During  Construction. 

Charge  to  this  account  the  cost  of  all  office  supplies  used  and  expenses 
incurred  by  the  utility  during  the  period  of  the  construction  of  its  natural 
gas  system  or  any  part  thereof. 

In  the  charges  to  this  account  include  the  cost  of  stationery,  printing, 
blanks,  record  books,  etc,,  used  in  connection  with  construction  work  and 
such  expenses  as  messenger  and  janitor  services,  rent,  water,  light,  heat, 
postage,  telephone,  telegrams,  exchange  on  remittances  and  like  expenses 
incurred  in  construction  work. 


Fixed  Capital  Accounts. 


207.  Law  Expenditures  During  Construction. 

Charge  to  this  account  all  law  expenditures  incurred  during  the  period 
of  construction. 

In  the  charges  to  this  account  include  such  items  as  pay  and  expenses 
of  counsel,  solicitors  and  attorneys;  their  clerks  and  attendants,  and  the 
expenses  of  their  offices,  if  employed  exclusively  by  the  utility;  cost  of 
printing  briefs,  legal  forms,  testimony,  reports,  etc.;  payments  to  arbi¬ 
trators  upon  disputed  questions;  payments  of  special  fees,  notarial  fees, 
and  witness  fees  not  elsewhere  provided  for;  expenses  connected  with 
taking  depositions,  and  court  costs  and  expenses. 

Exclude  from  this  account  and  charge  to  “200.  Organization”  account, 
law  expenses  incurred  in  the  organization  of  the  utility. 

Exclude  also  from  this  account  and  charge  to  “268.  Injuries  and  Dam¬ 
ages  During  Construction”  account  law  expenses  incurred  as  the  result 
of  injuries  and  damages  caused  directly  in  connection  with  the  construc¬ 
tion  of  the  natural  gas  system. 

26S.  Injuries  and  Damages  During  Construction. 

Charge  to  this  account  the  amounts  of  all  awards  of  courts  or  other 
lawful  authority,  such  as  workmen’s  compensation  boards,  etc*.,  all  allow¬ 
ances  by  the  utility  itself  for  damages  to  or  destruction  of  property  other 
than  that  owned  by  the  utility  and  for  injuries  and  deaths  of  employees 
and  other  persons,  when  such  damages  or  destruction  of  property  and 
injuries  or  deaths  are  caused  directly  in  connection  with  the  construction 
of  the  natural  gas  system.  Include  also  in  this  account  such  items  of 
expense  as  contributions  to  hospitals,  transportation  of  injured  persons, 
fees  of  physicians  and  surgeons,  or,  if  regularly  employed  by  the  utility, 
a  proportion  of  their  salaries  and  expenses,  nurse  and  hospital  charges, 
cost  of  medical  and  surgical  supplies,  and  expenditures  for  funeral  and 
burial  services.  Charge  also  hereto  salaries  of  claim  agents  and  adjusters 
of  the  utility  and  their  assistants,  while  engaged  in  settling  damage, 
injury,  or  death  claims  which  result  from  construction,  the  compensation 
of  the  solicitor  or  counsel,  while  engaged  in  attending  to  law  suits  which 
develop  from  such  claims,  and  all  court  costs  connected  therewith  and 
paid  by  the  utility. 

269.  Insurance  During  Construction. 

Charge  to  this  account  the  amount  of  all  premiums  paid  to  insurance 
companies  for  fire,  casualty,  boiler,  fidelity  and  other  insurance  to  cover 
risks  during  the  period  of  construction  of  the  natural  gas  system. 

270.  Taxes  During  Construction. 

Charge  to  this  account  all  taxes  and  assessments  applicable  to  the  period 
of  construction  that  are  levied  and  paid  on  property  that  belongs  to  the 
utility  and  is  to  be  used  in  the  conduct  of  its  natural  gas  operations. 

Exclude  from  this  account  and  charge  to  the  account  to  which  the 
property  benefited  was  charged  all  taxes  assessed  for  street  and  other 
improvements  such  as  grading,  sewering,  curbing,  guttering,  and  like 
improvements. 


Fixed  Capital  Accounts. 


1.  Interest  During  Construction. 

Charge  to  this  account  the  interest  accrued  during  the  period  of  con¬ 
struction,  upon  all  moneys,  and  claims  payable  upon  demand,  which  are 
acquired  by  the  utility  for  use  in  connection  with  the  construction  of  its 
natural  gas  system. 

Interest  receivable  on  such  moneys  and  claims  shall  be  credited  to  this 
account. 

Discounts  received  through  the  prompt  payment  of  bills  for  materials 
and  supplies  used  in  construction  shall  be  credited  to  this  account  if  they 
cannot  be  assigned  to  the  particular  items  of  materials  and  supplies  to 
which  they  apply. 

2.  Other  Expenditures  During  Construction. 

Charge  to  this  accoun't  all  undistributed  expenditures,  not  provided  for 
elsewhere,  incurred  by  the  utility  during  the  period  of  construction. 


58 


Income  Accounts. 
Definitions  and  Instructions. 


Income  Accounts. 

The  income  accounts  of  a  natural  gas  utility  are  those  in  which  it  shall 
record  for  each  fiscal  period  the  total  amount  of  money  that  it  is  entitled  to 
receive  for  natural  gas  services  rendered,  the  returns  accrued  upon  its  invest¬ 
ments,  the  accrued  cost  of  natural  gas  services  rendered  by  it,  the  losses  sus¬ 
tained  by  it  that  are  applicable  to  each  fiscal  period,  the  amounts  accrued  for 
taxes  and  for  use  of  moneys  and  properties  of  others,  and  the  amount  of  all 
other  disbursements  or  obligations  incurred  by  it  that  effect  the  amounts  so 
received  or  accrued. 

In  this  classification  income  accounts  consist  of  the  following  principal 
divisions : 

I.  Operating  Revenue  Accounts 

II.  Operating  Expense  Accounts 

III.  Non  Operating  Revenue  Accounts 

IV.  Non  Operating  Expense  Accounts 

V.  Gross  Income  Deduction  Accounts 

VI.  Net  Income  or  Loss  Accounts 

VII.  Net  Income  Appropriation  Accounts 


Operating  Revenue  Accounts. 

The  operating  revenue  accounts  of  a  natural  gas  utility  are  those  in  which 
it  saall  record  for  each  fiscal  period  the  amounts  of  money  which  it  receives 
or  becomes  entitled  to  receive  for  sales  of  natural  gas. 

Operating  Expense  accounts. 

The  operating  expense  accounts  of  a  natural  gas  utility  are  those  in  which 
it  shall  record  for  each  fiscal  period  the  expenses  of  operating  its  natural  gas 
system,  the  expenses  of  maintaining  its  property  used  in  its  natural  gas  opera¬ 
tions.  the  expenses  of  collecting  its  natural  gas  revenues,  the  expenses  of  ac¬ 
counting  for  its  natural  gas  transactions,  the  general  and  supervisory  expenses 
connected  with  its  natural  gas  operations,  and  all  other  expenses  incident  to 
its  operating  revenues. 

In  this  classification  operating  expenses  consist  of  two  main  divisions, 
namely  operation  and  maintenance. 

Operation  means  the  use  of  the  natural  gas  properties.  Its  cost  includes 
the  cost  of  labor  employed,  materials  and  supplies  consumed,  and  expenses 
incurred  in  generating,  transmitting,  storing,  and  distributing  natural  gas. 
This  cost  also  includes  administrative  and  general  labor,  materials  and  sup¬ 
plies,  and  expenses. 

Maintenance  means  the  upkeep  of  the  natural  gas  properties.  Its  cost  in¬ 
cludes  the  cost  of  labor  employed,  materials  and  supplies  consumed,  and  ex¬ 
penses  incurred  in  making  repairs  to  the  structures  and  equipment  of  the 
natural  gas  system. 

Repairs  consist  of  those  changes  to  the  utility’s  structures  and  equipment 
used  in  its  natural  gas  operations  which  are  made  for  the  purpose  of  keeping 
them  in  an  efficient  operating  condition.  They  are  changes  which  affect  the 
current  operation  of  such  structures  and  equipment  rather  than  their  value. 
They  include  the  replacement  of  minor  parts,  rearrangements  and  changes  in 
the  location  of  equipment  other  than  consumers  service  equipment,  and  all 


59 


Income  Accounts — Definitions  and  Instructions. 

other  alterations  that  do  not  amount  to  substantial  changes  of  identity  in  such 
structures  and  equipment.  Those  changes  which  result  in  the  complete  re¬ 
placement  of  any  structure  o;r  unit  of  equipment  are  not  repairs  and  are 
proper  charges  to  the  appropriate  fixed  capital  accounts  after  the  cost  of  the 
structure  or  equipment  replaced  lias  been  credited  thereto. 

Cost  as  used  in  connection  with  any  operating  expense  account  means  cash 
or  money  cost. 

Labor  means  human  service  of  any  character. 

Cost  of  labor  means  not  only  wages  paid  for  manual  labor,  but  also  salaries 
and  fees  paid  to  persons  engaged  in  clerical,  engineering,  and  supervisory 
occupations. 

Expenses  mean  those  expenditures  that  are  incurred  and  are  chargeable  to 
operating  expense  accounts  and  which  are  neither  labor  nor  materials  and 
supplies. 

Non  Operating  Revenue  Accounts. 

The*  non  operating  revenue  accounts  of  a  natural  gas  utility  are  those  in 
which  it  shall  record  for  each  fiscal  period  the  amounts  of  money  which  U 
receives  or  becomes  entitled  to  receive  either  from  any  service  which  it  renders 
other  than  that  of  supplying  natural  gas  to  its  consumers,  or  as  a  return  upon 
any  of  its  property  which  is  used  by  others,  or  as  a  return  upon  any  interest 
that  it  has  in  the  property  of  others. 

Non  Operating  Expense  Accounts. 

The  non  operating  expense  accounts  of  a  natural  gas  utility  are  those  in 
which  it  shall  record  for  each  fiscal  period  the  expenses  incurred  by  it  in 
rendering  services  other  than  supplying  natural  gas  to  its  consumers  and  all 
other  expenses  incurred  by  it  in  procuring  its  various  kinds  of  non  operating 
revenues. 

Operating  Income  or  Loss. 

The  operating  income  of  a  natural  gas  utility  for  any  fiscal  period  is  the 
excess  of  the  sum  of  the  credit  balances  in  its  various  operating  revenue  ac¬ 
counts  over  the  sum  of  the  debit  balances  in  its  various  operating  expense 
accounts.  The  operating  loss  is  the  reverse  excess. 

Non  Operating  Income  or  Loss. 

The  non  operating  income  of  a  natural  gas  utility  for  any  fiscal  period  is 
the  excess  of  the  sum  of  the  credit  balances  in  its  various  non  operating  revenue 
accounts  over  the  sum  of  the  debit  balances  in  its  various  non  operating  ex¬ 
pense  accounts.  The  non  operating  loss  is  the  reverse  excess. 

Gross  Income. 

The  gross  income  of  a  natural  gas  utility  for  any  fiscal  period  is  the  sum 
of  its  operating  and  non  operating  incomes  as  each  of  those  is  defined  in  this 
classification. 

Net  Income  or  Loss. 

The  net  income  of  a  natural  gas  utility  for  any  fiscal  period  is  the  excess 
of  its  gross  income,  as  herein  defined,  over  the  sum  of  the  balances  in  those 
accounts  which  are  listed  herein  under  the  caption  “V.  Gross  Income  Deduc¬ 
tion  Accounts”.  The  net  loss  is  the  reverse  excess. 

Accounts  Chargeable  in  Natural  Gas  Sales. 

In  its  sales  of  natural  gas  the  utility  shall  change  either  “171.  Service  Billed 
in  Advance”  account  or  “119.  Accounts  Receivable  from  Consumers”  account, 
according  as  such  natural  gas  is  paid  for  in  advance  of  or  subsequent  to  its 
consumption,  the  amount  that  is  credited  to  each  operating  revenue  account. 


GO 


INDEX  TO  INCOME  ACCOUNTS 

PRESCRIBED  FOR  CLASSES  A  B  AND  C  NATURAL  GAS  UTILITIES. 

I.  OPERATING  REVENUE  ACCOUNTS. 

Account 


Number. 

Name  of  Account. 

Class. 

Page. 

Metered  Private  Sales  . 

C 

63 

300. 

Metered  Domestic  Sales . 

A 

B 

63 

Metered  Commercial  and  Industrial  Sales  . . 

B 

63 

301. 

Metered  Commercial  Sales . 

A 

63 

302. 

Metered  Industrial  Sales  . 

A 

<% 

63 

303. 

Other  Metered  Private  Sales  . 

A 

B 

64 

Metered  Sales  to  Other  Natural  Gas  Utilities 

C 

64 

304 . 

Metered  Sales  to  Affiliated  Natural  Gas 

• 

Utilities  . 

A 

B 

64 

303. 

Metered  Sales  to  Non  Affiliated  Natural  Gas 

Utilities  . 

A 

B 

64 

300. 

Metered  Public  Sales  . 

A 

B 

c 

64 

Unmetered  Private  Sales  . 

c 

64 

307. 

Unmetered  Domestic  Sales  . 

A 

B 

64 

Unmetered  Commercial  and  Industrial  Sales 

B 

64 

SOS. 

Unmetered  Commercial  Sales . 

A 

64 

309. 

Unmetered  Industrial  Sales . 

A 

310. 

Unmetered  Sales  for  Lighting  Private  Streets 

A 

B 

65 

311. 

Other  Unmetered  Private  Sales  . 

A 

B 

65 

Unmetered  Sales  to  Other  Natural  Gas  Utili- 

ties  . 

c 

65 

312. 

Unmetered  Sales  to  Affiliated  Natural  Gas 

- 

Utilities  . 

A 

B 

65 

313. 

Unmetered  Sales  to  Non  Affiliated  Natural 

Gas  Utilities  . 

A 

B 

65 

Unmetered  Public  Sales  . 

c 

65 

314. 

Unmetered  Sales  for  Municipal  Street  Light- 

ing  . 

A 

B 

65 

315. 

Unmetered  Sales  for  Other  Municipal  Uses 

A 

B 

65 

316. 

Consumers  Discounts  Forfeited  and  Penalties 

Imposed  . 

A 

B 

c 

66 

317. 

Allowances  to  Consumers  . 

A 

B 

c 

66 

t 


INDEX  TO  INCOME  ACCOUNTS 


PRESCRIBED  FOR  “CLASS  B”  NATURAL  GAS  UTILITIES. 


I.  OPERATING  REVENUE  ACCOUNTS. 

Account 

Number.  Name  of  Account.  Page. 

300.  Metered  Domestic  Sales  .  63 

301-302.  Metered  Commercial  and  Industrial  Sales .  63 

303.  Other  Metered  Private  Sales .  64 

304.  Metered  Sales  to  Affiliated  Natural  Gas  Utilities .  64 

305.  Metered  Sales  to  Non  Affiliated  Natural  Gas  Utilities..  64 

306.  Metered  Public  Sales  .  64 

307.  Unmetered  Domestic  Sales  .  64 

30S-309.  Unmetered  Commercial  and  Industrial  Sales .  64 

310.  Unmetered  Sales  for  Lighting  Private  Streets  .  65 

311.  Other  Unmetered  Private  Sales  .  65 

312.  Unmetered  Sales  to  Affiliated  Natural  Gas  Utilities.  . .  .  65 

313.  Unmetered  Sales  to  Non  Affiliated  Natural  Gas  Utilities  65 

314.  Unmetered  Sales  for  Municipal  Street  Lighting .  65 

315.  Unmetered  Sales  for  Other  Municipal  Uses  .  65 

316.  Consumers  Discounts  Forfeited  and  Penalties  Imposed...  66 

317.  Allowances  to  Consumers  .  66 


r 


INDEX  TO  INCOME  ACCOUNTS 


PRESCRIBED  FOR  “CLASS  C”  NATURAL  GAS  UTILITIES. 


I.  OPERATING  REVENUE  ACCOUNTS. 

Account 

Number.  Name  of  Account.  Page. 

800-303.  Metered  Private  Sales  .  03 

304-305.  Metered  Sales  to  Other  Natural  Gas  Utilities .  04 

306.  Metered  Public  Sales  .  04 

307-311.  Unmetered  Private  Sales .  '  04 

312-313.  Unmetered  Sales  to  Other  Natural  Gas  Utilities .  05 

314-315.  Unmetered  Public  Sales  .  05 

316.  Consumers  Discounts  Forfeited  and  Penalties  Imposed...  66 
817.  Allowances  to  Consumers  .  '  66 


>3 


TEXT  EXPLANATORY  OF  INCOME  ACCOUNTS. 


I.  OPERATING  REVENUE  ACCOUNTS. 

Credit  to  the  appropriate  numbered  accounts  listed  under  this  caption 
or  to  the  appropriate  subcaptions  under  which  such  numbered  accounts 
are  listed  the  amounts  earned  by  the  utility  from  its  sales  of  natural  gas. 

These  subcaptions  as  well  as  the  numbered  accounts  listed  under  them 
are  account  titles.  The  letter,  or  letters,  after  each  subcaption  or  num¬ 
bered  account  indicates  the  class  of  the  utility  that  is  required  to  keep 
the  account  title  prefixed  thereto. 

Each  utility  shall  so  keep  the  records  supporting  the  entries  to  each 
operating  revenue  account  that  it  can  furnish  information  as  to  the  name 
of  each  consumer,  the  quantity  of  natural  gas  sold  to  him,  the  rate,  and 
the  amount  charged  for  it. 

Where  a  utility  sells  natural  gas  to  the  same  consumer  at  different  rates 
it  shall  keep  a  separate  record  of  the  quantity  sold  at  each  rate. 

Metered  Private  Sales — (Class  C). 

300 .  Metered  Domestic  Sales — (Classes  A  and  B). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
metered  sales  of  natural  gas  for  domestic  purposes. 

In  the  credits  to  this  account  include  the  amounts  earned  from  sales 
of  natural  gas  to  private  dwellings,  boarding  and  rooming  houses,  apart¬ 
ment  houses,  and  like  places  of  residence  where  natural  gas  is  used 
primarily  for  domestic  purposes. 

If  a  part  of  any  domicile  is  used  as  a  .store  or  shop  and  the  quantity 
of  natural  gas  used  in  the  store  or  shop  and  in  the  domicile  is  recorded 
by  the  same  meter,  the  utility  shall  consider  the  sales  of  natural  gas  so 
recorded  as  domestic  sales. 

Metered  Commercial  and  Industrial  Sales — (Class  B). 

301.  Metered  Commercial  Sales — (Class  A). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
metered  sales  of  natural  gas  for  commercial  purposes. 

In  the  credits  to  this  account  include  the  amounts  earned  from  sales 
of  natural  gas  to  hotels,  restaurants,  saloons,  warehouses,  wholesale  and 
retail  stores,  office  buildings,  barns  and  garages  not  appurtenant  to  dwell¬ 
ings  and  apartment  houses,  private  schools  and  colleges,  churches,  hos¬ 
pitals,  and  other  private  institutions,  and  all  other  commercial  establish¬ 
ments  which  do  not  use  natural  gas  primarily  for  power  or  industrial 
purposes. 


302.  Metered  Industrl\l  Sales — (Class  A). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
metered  sales  of  natural  gas  for  power  and  industrial  purposes. 

In  the  credits  to  this  account  include  the  amounts  earned  from  sales 
of  natural  gas  to  steel  and  iron  mills,  foundries,  potteries,  brick  manu¬ 
factories,  factories,  and  all  other  establishments  which  use  natural  gas 
primarily  for  power  and  industrial  purposes. 


64 


Operating  Revenue  Accounts. 

303.  Other  Metered  Private  Sales — (Classes  A  and  B). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 

metered  sales  of  natural  gas  for  private  purposes  not  provided  for  else¬ 

where. 

In  the  credits  to  this  account  include  the  amounts  earned  from  sales 
of  natural  gas  to  builders,  contractors,  circuses,  drillers  and  others  that 
use  natural  gas  for  a  short  time  without  permanent  service  connections. 

Metered  Sales  to  Other  Natural  Gas  Utilities — (Class  C). 

304.  Metered  Sales  to  Affiliated  Natural  Gas  Utilities — (Classes  A  and 

B). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 

metered  sales  of  natural  gas  to  natural  gas  utilities  that  are  affiliated 

with  it. 

305.  Metered  Sales  to  Non  Affiliated  Natural  Gas  Utilities — (Classes  A 

and  B).% 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
metered  sales  of  natural  gas  to  natural  gas  utilities  that  are  not  affiliated 
with  it. 

306.  Metered  Public  Sales — (Classes  A  B  and  C) . 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
metered  sales  of  natural  gas  to  municipalities. 

Unmetered  Private  Sales — (Class  C). 

307.  Unmetered  Domestic  Sales — (Classes  A  and  B). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
unmetered  sales  of  natural  gas  to  consumers  for  domestic  purposes. 

In  the.  credits  to  this  account  include  the  amounts  earned  from  sales 
of  natural  gas  to  private  dwellings,  boarding  and  rooming  houses,  apart¬ 
ment  houses,  and  like  places  of  residence  where  natural  gas  is  used 
primarily  for  domestic  purposes. 

If  a  part  of  any  domicile  is  used  as  a  store  or  shop  and  one  service  line 
supplies  the  store  or  shop  and  the  domicile  at  the  same  rate  the  utility 
shall  credit  the  revenue  sales  of  natural  gas  so  supplied  to  this  account. 

Unmetered  Commercial  and  Industrial  Sales — (Class  B). 

SOS.  Unmetered  Commercial  Sales — (Class  A). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
unmetered  sales  of  natural  gas  for  commerical  purposes. 

In  the  credits  to  this  account  include  the  amounts  earned  from  the 
sale  of  natural  gas  to  hotels,  restaurants,  saloons,  warehouses,  wholesale 
and  retail  stores,  office  buildings,  barns  and  garages  not  appurtenant  to 
dwellings  and  apartment  houses,  private  schools  and  colleges,  churches, 
hospitals,  and  other  private  institutions,  and  all  other  commercial  estab¬ 
lishments  which  do  not  use  natural  gas  primarily  for  power  or  industrial 
purposes. 


65 


Operating  Revenue  Accounts. 

309.  Unmetered  Industrial  Sales — (Class  A). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
unmetered  sales  of  natural  gas  for  power  and  industrial  purposes. 

In  the  credits  to  this  account  include  the  amounts  earned  from  sales 
of  natural  gas  to  steel  and  iron  mills,  foundries,  potteries,  brick  manu¬ 
factories,  factories,  and  all  other  establishments  which  use  natural  gas 
primarily  for  power  and  industrial  purposes. 

33.0.  Unmetered  Sales  for  Lighting  Private  Streets — (Classes  A  and  B). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
unmetered  sales  of  natural  gas  for  lighting  private  streets. 

In  the  credits  to  this  account  include  the  amounts  earned  from  sales 
of  natural  gas  for  lighting  private  streets,  alleys,  bridges,  viaducts,  parks, 
yards,  rights  of  way,  etc.;  also  the  amounts  earned  from  sales  of  natural 
gas  to  individuals  and  concerns  for  cooperative  street  lighting  whether 
such  streets  are  private  or  public. 

311.  Other  Unmetered  Private  Sales — (Classes  A  and  B). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
unmetered  sales  of  natural  gas  for  private  purposes  not  provided  for 
elsewhere. 

In  the  credits  to  this  account  include  the  amounts  earned  from  sales  of 
natural  gas  to  builders,  contractors,  circuses,  drillers  and  others  that  use 
natural  gas  for  a  short  time  without  permanent  service  connections. 

Unmetered  Sales  to  Other  Natural  Gas  Utilities — (Class  C). 

332.  Unmetered  Sales  to  Affiliated  Natural  Gas  Utilities — (Classes  A 
and  B) . 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
unmetered  sales  of  natural  gas  to  natural  gas  utilities  that  are  affiliated 
with  it.  1 

313.  Unmetered  Sales  to  Non  Affiliated  Natural  Gas  Utilities — (Classes 
A  and  B). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
unmetered  sales  of  natural  gas  to  gas  utilities  that  are  not  affiliated 
with  it. 

Unmetered  Public  Sales — (Class  C). 

334.  Unmetered  Sales  for  Municipal  Street  Lighting — (Classes  A  and  B). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
unmetered  sales  of  natural  gas  to  municipalities  for  street  lighting. 

In  the  credits  to  this  account,  include  the  amounts  earned  from  sales 
of  natural  gas  for  lighting  public  streets,  alleys,  bridges,  viaducts,  parks, 
commons,  etc. 

315.  Unmetered  Sales  for  Other  Municipal  Uses — (Classes  A  and  B). 

Credit  to  this  account  the  net  amount  earned  by  the  utility  from  its 
unmetered  sales  of  natural  gas  to  municipalities  for  purposes  not  pro¬ 
vided  for  elsewhere. 

0 


Operating  Revenue  Accounts. 


51(5.  Consumers  Discounts  Forfeited  and  Penalties  Imposed — (Classes  A  B 
and  C). 

Credit  to  this  account  the  amounts  of  those  discounts  which  the  utility 
allows  its  consumers  on  condition  that  they  pay  their  natural  gas  hills 
on  or  before  a  specified  date  and  which  are  forfeited  hy  the  consumers 
because  of  their  failure  to  pay  their  bills  within  the  specified  time. 

Credit  also  to  this  account  the  amounts  of  penalties  imposed  by  the 
utility  on  its  consumers  because  of  their  failure  to  pay  their  natural 
gas  bills  within  a  stated  time. 

517.  Allowances  to  Consumers — (Classes  A  B  and  C). 

Charge  to  this  account  the  amounts  of  allowances  to  consumers  made 
by  the  utility  on  its  natural  gas  sales. 

Exclude  from  this  account  all  allowances  that  are  applicable  to  previous 
fiscal  periods. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  and  kind  of  each  con¬ 
sumer  to  whom  an  allowance  is  made,  the  amount  allowed  him,  and  the 
reason  for  making  the  allowance. 


07 


INDEX  TO  INCOME  ACCOUNTS 

PRESCRIBED  FOR  CLASSES  A  B  AND  C  NATURAL  GAS  UTILITIES. 

II.  OPERATING  EXPENSE  ACCOUNTS. 

Account 


Number. 

Name  of  Account. 

Class. 

Page. 

A.  PRODUCTION  SYSTEM  OPERATING 

EXPENSE  ACCOUNTS. 

Operating  Labor  . 

B 

C 

70 

350 . 

Superintendence  . 

A 

70 

351. 

Gas  Well  and  Field  Line  Labor . 

A 

76 

352. 

Field  Measuring  Station  Labor . 

A 

70 

353. 

Other  Labor  . 

A 

77 

Operating  Supplies  and  Expenses  . 

B 

C 

77 

354. 

Superintendence  Supplies  and  Expenses.. 

A 

77 

355 . 

Gas  Well  and  Field  Line  Supplies  and  Ex- 

penses  . 

A 

~7 

350. 

Field  Measuring  Station  Supplies  and  Ex- 

penses  . 

A 

77 

357. 

Other  Supplies  and  Expenses  . 

A 

« 

77 

358. 

Gas  Well  Royalties  . 

A 

B 

C 

77 

Maintenance  of  Production  System  Structures 

B 

C 

78 

350. 

Maintenance’  of  Gas  Well  Structures  .... 

A 

78 

300. 

Maintenance  of  Other  Production  System 

Structures  . 

A 

78 

Maintenance  of  Production  System  Equipment 

C 

78  • 

Maintenance  of  Gas  WLll  and  Field  Line 

Equipment  . 

B 

78 

301. 

Maintenance  of  Gas  Well  Equipment  .... 

A 

•  78 

302. 

Maintenance  of  Field  Line  Equipment  .... 

A 

7S  f 

opo 
OuO  . 

Changing  Field  Lines  . 

A 

78 

Maintenance  of  Other  Production  System 

Equipment  . 

B 

79 

304. 

Maintenance  of  Field  Measuring  Station 

Equipment  . 

A 

79 

305. 

Maintenance  of  Portable  Engines,  Pumps 

and  Boilers  . 

A 

79 

300 . 

Maintenance  of  Rigs,  Drilling  and  Clean- 

ing  Equipment  . 

A 

79 

307. 

Maintenance  of  Other  Production  Equip- 

ment . 

A 

79 

B.  NATURAL  GAS  PRODUCED  BY  OTHERS. 

36S.  Natural  Gas  Purchased  for  Resale . 

A 

B 

C 

79 

369.  Purchased  Gas  Expense  . 

A 

B 

C 

79 

68 


Operating  Expense  Accounts. 


Account 

Number.  Name  of  Account.  Class.  Page. 

C.  TRANSMISSION  SYSTEM  OPERATING 
EXPENSE  ACCOUNTS. 


Operating  Labor  . 

B  C 

80 

370 . 

Superintendence  . 

A 

SO 

371. 

Compressing  Station  Labor . 

A 

80 

372. 

Measuring  Station  Labor . 

A 

SO 

3 1 3 . 

Transmission  Line  Labor  . 

A 

80 

374. 

Other  Transmission  System  Labor . 

A 

80 

Operating  Supplies  and  Expenses  . 

B  C 

SO 

*  3 1  o . 

Superintendence  Supplies  and  Expenses  . . . 

A 

% 

SO 

376. 

Compressing  Station  Supplies  and  Expenses 

A 

81 

377. 

Measuring  Station  Supplies  and  Expenses 

A 

81 

37S. 

Transmission  Line  Supplies  and  Expenses 

A 

SI 

379. 

Transmission  System  Rent . 

A 

81 

3  SO . 

Other  Transmission  System  Supplies  and 

Expenses  . 

A 

- 

81 

Maintenance  of  Transmission  System  Struct- 

ures  . 

B  C 

81 

3S1 . 

Maintenance  of  Compressing  Station 

Structures  . . 

A 

SI 

382. 

Maintenance  of  Other  Transmission  Sys- 

tem  Structures  . 

A 

82 

Maintenance  of  Transmission  System  Equip- 

ment  . 

C 

82 

QOQ 

ooo . 

Maintenance  of  Compressing  Station  Equip- 

ment  . 

A 

B 

82 

384. 

Maintenance  of  Transmission  Line  Equip- 

ment . 

A 

82 

.385. 

Changing  Transmission  Lines  . 

A 

82 

Maintenance  of  Other  Transmission  System 

Equipment  . 

B 

82 

386. 

Maintenance  of  Measuring  Station  Equip- 

• 

ment . 

A 

82 

387. 

Maintenance  of  Other  Transmission  Equip- 

ment . 

A 

82 

D.  DISTRIBUTION  SYSTEM  OPERATING 

EXPENSE  ACCOUNTS. 

Operating  Labor . 

B  C 

83 

3S8 . 

Superintendence  . 

A 

S3 

389 . 

Distribution  Line  Labor . 

A 

o*» 

oo 

390. 

Labor  Removing  and  Resetting  Meters  and 

House  Regulators  . 

A 

i 

S3 

391 . 

Labor  Inspecting  and  Testing  Meters  and 

House  Regulators . 

A 

83 

392 . 

Other  Meter  Department  Labor . 

A 

83 

393. 

Other  Distribution  System  Labor  . 

A 

83 

GO 


Operating  Expense  Accounts. 


Account 


Number. 

Name  of  Account. 

Class. 

Page. 

Operating  Supplies  and  Expenses  . 

B 

C 

SI 

394. 

Superintendence  Supplies  and  Expenses  . . 

A 

84 

395. 

Distribution  Line  Supplies  and  Expenses.. 

A 

84 

393. 

Meter  Department  Supplies  and  Expenses 

A 

84 

397. 

Distribution  System  Rent . 

A 

84 

398. 

Other  Distribution  System  Supplies  and 

Expenses  . 

A 

84 

399. 

Maintenance  of  Distribution  System  Struct- 

ures  . 

A 

B 

C 

S5 

Maintenance  of  Distribution  System  Equipment 

C 

85 

Maintenance  of  Distribution  System  Lines  .  . 

B 

85 

400. 

Maintenance  of  Distribution  Line  Equip- 

ment  . 

A 

85 

401 . 

Changing  Distribution  Lines  . 

A 

85 

402. 

Maintenance  of  Service  Line  Equipment  . . 

A 

85 

Maintenance  of  Meters  and  House  Regulators 

B 

85 

403. 

Maintenance  of  Meters  . 

A 

85 

404. 

Maintenance  of  House  Regulators . 

A 

85 

Maintenance  of  Other  Distribution  System 

Equipment  . 

B 

85 

405. 

Maintenance  of  Gas  Receivers  and  District 

Regulators . 

A 

85 

406. 

Maintenance  of  Other  Distribution  Equip- 

MENT  . 

A 

86 

E.  UTILIZATION  SYSTEM  OPERATING 


EXPENSE  ACCOUNTS. 

Operating  Labor  . 

B 

C 

86 

407 . 

Commercial  Lighting  System  Labor  . 

A 

86 

408'. 

Municipal  Street  Lighting  System  Labor.  . 

A 

86 

409. 

Private  Street  Lighting  System  Labor  .... 

A 

86 

410. 

Consumers'  Premises  Labor . 

A 

86 

Operating  Supplies  and  Expenses  . 

B 

C 

87 » 

411. 

Commercial  Lighting  System  Supplies  and 

Expenses  . 

-A 

ST 

412. 

Municipal  Street  Lighting  System  Supplies 

and  Expenses  . 

A 

87 

413. 

Private  Street  Lighting  System  Supplies 

and  Expenses  . 

A 

87 

414. 

Consumers’  Premises  Supplies  and  Expenses 

A 

87 

Maintenance'  op  Utilization  System  Equipment 

B 

C 

87 

415. 

Maintenance  of  Commercial  Lighting  Sys- 

XEM  . 

A 

87 

416. 

Maintenance  of  Municipal  Street  Lighting 

System . 

A 

87 

417. 

Maintenance  of  Private  Street  Lighting 

System . 

A 

88 

418. 

Maintenance  of  Other  Utilization  Equip- 

MENT  . 

A 

88 

TO 


Operating  Expense  Accounts. 


Account 

Number.  Name  of  Account.  .  Class.  Page. 

F.  COMMERCIAL  DEPARTMENT  OPERATING 
EXPENSE  ACCOUNTS. 


419.  Operating  Labor  . 

420.  Operating  Supplies  and  Expenses 


ABC  SS 

ABC  SS 


G.  NEW  BUSINESS  DEPARTMENT  OPERAT¬ 
ING  EXPENSE  ACCOUNTS. 


New  Business  Salaries  and  Commissions . 

421.  New  Business  Salaries  . 

422.  New  Business  Commissions . 

423.  New  Business  Supplies  and  Expenses . 


B  C 
A 
A 

ABC 


SS 

88 

89 

89 


H.  GENERAL  ADMINISTRATIVE  EXPENSE 

ACCOUNTS. 


General  Administrative  Salaries . 

B 

C 

89 

424. 

Salaries  oe  General  Officers . 

A 

89 

425 . 

Salaries  of  General  office  Clerks . 

A 

89 

General  Administrative  Supplies  and  Expenses 

C 

90 

General  Administrative  Supplies  . 

B 

90 

420. 

General  Office  Stationery  and  Printing  .  . 

A 

90 

427. 

Other  General  Office  Supplies . 

A 

90 

General  Officers’  and  General  Clerks’  Ex- 

penses  . 

B 

90 

42S. 

General  Officers’  Expenses  . 

A 

90 

429. 

General  Office  Clerks’  Expenses  . 

A 

90 

Other  General  Administrative  Expenses  .... 

B 

91 

430. 

General  Law  Expenses  . 

A 

91 

431 . 

General  Office  Rent  . 

A 

91 

432. 

Other  General  Office  Expenses  . 

A 

91 

433. 

Maintenance  of  General  Office  Structures  . . . 

A 

B 

C 

91 

434. 

Maintenance  of  General  Office  Equipment  . . . 

A 

B 

C 

91 

I.  OTHER  GENERAL  EXPENSE  ACCOUNTS. 

General  Labor  . 

C 

91 

435 . 

Store  Labor  . 

A 

B 

91 

Stable  and  Garage  Labor  . 

B 

92 

430. 

Stable  Labor  . 

A 

GO 

• 

437. 

Garage  Labor  . 

A 

92 

Shop  and  Laboratory  Labor  . 

B 

92 

438 . 

Shop  Labor . 

A 

92 

439. 

Laboratory  Labor  . 

A 

• 

92 

440. 

Telephone  and  Telegraph  System  Labor  .... 

A 

B 

92 

General  Supplies  and  Expenses  . 

C 

93 

441. 

Store  Supplies  and  Expenses  . 

A 

B 

93 

Stable  and  Garage  Supplies  and  Expenses  .  . . 

B 

93 

442. 

Stable  Supplies  and  Expenses  . 

A 

• 

93 

71 


Operating  Expense  Accounts. 


Account 


Number. 

Name  of  Account. 

Class. 

Page. 

443. 

Garage  Supplies  and  Expenses  . 

A 

98 

Shop  and  Laboratory  Supplies  and  Expenses 

B 

98 

444. 

Shop  Supplies  and  Expenses . 

A 

93 

445. 

Laboratory  Supplies  and  Expenses . 

A 

98 

44(3. 

Telephone  and  Telegraph  System  Supplies 

and  Expenses  . 

A 

B 

94 

447. 

Natural  Gas  Franchise  Requirements  . 

A 

B 

C 

94 

448. 

Taxes  . 

A 

B 

C 

94 

449. 

Uncollectible  Consumers’  Accounts  . 

A 

B 

C 

94 

Other  General  Expenses  . 

C 

95 

450. 

Public  Service  Commission  Expense  . 

A 

B 

95 

Insurance  and  Pension  Expense . 

B 

95 

451. 

Injuries  and  Damages . 

A 

95 

452 . 

Other  Insurance  . 

A 

96 

458 . 

Pensions  . 

A 

96 

454. 

Other  General  Expense  . 

A 

B 

96 

General  Adj  ustments  . 

C 

96 

455 . 

Inventory  Adjustments  . . 

A 

B 

96 

450. 

Discount  on  Materials  and  Supplies . 

A 

B 

96 

457 . 

Utility’s  Natural  Gas  Used  in  Operations  . . 

A 

B 

97 

458. 

Free  Municipal  Natural  Gas  Service  . 

A 

B 

97 

Maintenance  of  General  Structures  . 

B 

C 

97 

459. 

Maintenance  of  General  Store  Structures 

A 

97 

460. 

Maintenance  of  General  Stable  Structures 

A 

97 

461. 

Maintenance  of  General  Garage  Structures 

A 

97 

462. 

Maintenance  of  General  Shop  Structures. 

A 

97 

463. 

Maintenance  of  General  Laboratory 

Structures  . 

A 

97 

464. 

Maintenance  of  Other  General  Structures 

A 

97 

Maintenance  of  General  Equipment  . 

B 

C 

98 

465. 

Maintenance  of  General  Store  Equipment 

A 

98 

466 . 

Maintenance  of  General  Stable  Equipment 

A 

98 

467. 

Maintenance  of  General  Garage  Equipment 

A 

98 

468. 

Maintenance  of  General  Shop  Equipment.  . 

A 

98 

409. 

Maintenance  of  General  Laboratory  Equip- 

ment . 

A 

98 

470 . 

Maintenance  of  General  Telephone  and 

Telegraph  System . 

A 

98 

471. 

Maintenance  of  Other  General  Equipment 

A 

99 

472. 

Depreciation  . 

A 

B 

C 

99 

473. 

Extraordinary  Depreciation . 

A 

B 

c 

99 

474. 

Amortization  of  Franchises,  Patent  Rights 

and  Licenses  . . 

A 

B 

c 

99 

475. 

Joint  Operating  Expenses  Transferred  . 

A 

B 

c 

99 

72 


INDEX  TO  INCOME  ACCOUNTS 
PRESCRIBED  FOR  “CLASS  B”  NATURAL  GAS  UTILITIES. 

II.  OPERATING  EXPENSE  ACCOUNTS. 

Account 

Number.  Name  of  Account.  Page. 

i 

A.  PRODUCTION  SYSTEM  OPERATING  EXPENSE 

ACCOUNTS. 

350-353.  Operating  Labor  .  TO 

354-357.  Operating  Supplies  and  Expenses  .  77 

358.  Gas  Well  Royalties  . 77 

359-360.  Maintenance  of  Production  System  Structures .  7S 

361-363.  Maintenance  of  Gas  Well  and  Field  Line  Equipment .  78 

364-367.  Maintenance  of  Other  Production  System  Equipment....  79 

B.  NATURAL  GAS  PRODUCED  BY  OTHERS. 

368.  Natural  Gas  Purchased  for  Resale .  79 

369.  Purchased  Gas  Expense  .  79 

C.  TRANSMISSION  SYSTEM  OPERATING  EXPENSE 

ACCOUNTS. 

370-374.  Operating  Labor  .  SO 

375-380.  Operating  Supplies  and  Expenses .  SO 

381-382.  Maintenance  of  Transmission  System  Structures .  SI 

383.  Maintenance  of  Compressing  Station  Equipment .  S2 

384- 385.  Maintenance  of  Transmission  Lines  .  82 

386-387.  Maintenance  of  Other  Transmission  System  Equipment  82 

D.  DISTRIBUTION  SYSTEM  OPERATING  EXPENSE 

ACCOUNTS. 

385- 393.  Operating  Labor  .  83 

394-398.  Operating  Supplies  and  Expenses  .  S4 

399.  Maintenance  of  Distribution  System  Structures .  85 

400-402.  Maintenance  of  Distribution  System  Lines  .  85 

403-404.  Maintenance  of  Meters  and  House  Regulators  .  85 

405-406.  Maintenance  of  Other  Distribution  System  Equipment.  .  85 

t 

E.  UTILIZATION  SYSTEM  OPERATING  EXPENSE 

ACCOUNTS. 

407-410.  Operating  Labor  .  86 

411-414.  Operating  Supplies  and  Expenses  .  87 

415-418.  Maintenance  of  Utilization  System  Equipment .  S7 


Operating  Expense  Accounts. 


Account 

Number. 


410. 

420. 


421-422 . 
423. 


424-425. 
426-427 . 
428-420. 
430-432. 

433. 

434. 


435. 

436-437. 

438-430. 

440. 

441. 
442-443. 
444-445. 

446. 

447. 

448. 
440. 
450. 

451-453. 

454. 

455. 

456 . 
45 1  . 
458. 

450-464. 

465-471. 

472. 

473. 

474. 

475 . 


Name  of  Account. 

F.  COMMERCIAL  DEPARTMENT  OPERATING  EX¬ 
PENSE  ACCOUNTS. 


Operating  Labor  . • 

Operating  Supplies  and  Expenses . 

G.  NEW  BUSINESS  DEPARTMENT  OPERATING  EX¬ 

PENSE  ACCOUNTS. 

New  Business  Salaries  and  Commissions . 

New  Business  Supplies  and  Expenses  . 

H.  GENERAL  ADMINISTRATIVE  EXPENSE  AC¬ 

COUNTS. 

General  Administrative  Salaries  . 

General  Administrative  Supplies  . 

General  Officer's  and  General  Clerk’s  Expenses  . 

Other  General  Administrative  Expenses . 

Maintenance  of  General  Office  Structures . 

Maintenance  of  General  Office  Equipment  . 

I.  OTHER  GENERAL  EXPENSE  ACCOUNTS. 

Store  Labor  . 

Stable  and  Garage  Labor . 

Shop  and  Laboratory  Labor  . 

Telephone  and  Telegraph  System  Labor  . 

Store  Supplies  and  Expenses  . 

Stable  and  Garage  Supplies  and  Expenses . 

Shop  and  Laboratory  Supplies  and  Expenses  . 

Telephone  and  Telegraph  System  Supplies  and  Expenses 

Natural  Gas  Franchise  Requirements  . 

Taxes  . 

Uncollectible  Consumers’  Accounts  . 

Public  Service  Commission  Expense  . 

Insurance  and  Pension  Expense . . 

Other  General  Expense . 

Inventory  Adjustments  . 

Discount  on  Materials  and  Supplies  . 

Utility’s  Natural  Gas  Used  in  Operations . 

Free  Municipal  Natural  Gas  Service . 

Maintenance  of  General  Structures  . 

Maintenance  of  General  Equipment . 

Depreciation  . 

Extraordinary  Depreciation  . 

Amortization  of  Franchises,  Patent  Rights  and  Licenses 
Joint  Operating  Expenses  Transferred . 


74 


INDEX  TO  INCOME  ACCOUNTS 
PRESCRIBED  FOR  “CLASS  C”  NATURAL  GAS  UTILITIES. 

II.  OPERATING  EXPENSE  ACCOUNTS. 


Account 

Number.  Name  of  Account.  Page. 


A.  PRODUCTION  SYSTEM  OPERATING  EXPENSE 

ACCOUNTS. 


*150-353 . 
554-357 . 

358. 
359-300. 
301 -307. 


308. 

309. 


370-374. 
375-380. 
381-382. 
383-387 . 


388-395. 

394-398. 

599 . 
400-406. 


407-410. 

411-414. 

415-418. 


Operating  Labor  . 

Operating  Supplies  and  Expenses . 

Gas  Well  Royalties . 

Maintenance  of  Production  System  Structures . »... 

Maintenance  of  Production  System  Equipment . 

B.  NATURAL  GAS  PRODUCED  BY  OTHERS. 

Natural  Gas  Purchased  for  Resale . 

Purchased  Gas  Expense . 

C.  TRANSMISSION  SYSTEM  OPERATING  EXPENSE 

ACCOUNTS. 

Operating  Labor  . 

Operating  Supplies  and  Expenses . 

Maintenance  of  Transmission  System  Structures . 

Maintenance  of  Transmission  System  Equipment . 

1).  DISTRIBUTION  SYSTEM  OPERATING  EXPENSE 

ACCOUNTS. 


Operating  Labor  . 

Operating  Supplies  and  Expenses . 

Maintenance  of  Distribution  System  Structures . 

Maintenance  of  Distribution  System  Equipment . 

E.  UTILIZATION  SYSTEM  OPERATING  .EXPENSE 

ACCOUNTS. 

Operating  Labor  . 

Operating  Supplies  and  Expenses . 

Maintenance  of  Utilization  System  Equipment . 


70 


r— 

i  i 

77 

78 

78 


79 

79 


80 

80 

SI 

82 


•S3 

84 

85 
85 


80 

87 

87 


F.  COMMERCIAL  DEPARTMENT  OPERATING  EX¬ 
PENSE  ACCOUNTS. 


419.  Operating  Labor  .  88 

420.  Operating  Supplies  and  Expenses .  88 


% 


<  D 


Operating  Expense  Accounts. 


Account 

Number.  Name  of  Account.  Pager. 

G.  NEW  BUSINESS  DEPARTMENT  OPERATING  EX¬ 
PENSE  ACCOUNTS. 


421-422.  New  Business  Salaries  and  Commissions  .  SS 

423.  New  Business  Supplies  and  Expenses  .  SO 

* 


H.  GENERAL  ADMINISTRATIVE  EXPENSE  AC¬ 
COUNTS. 


424^25.  General  Administrative  Salaries  .  SO 

426-432.  General  Administrative  Supplies  and  Expenses .  00 

433.  Maintenance  of  General  Office  Structures .  01 

434. *  Maintenance  of  General  Office  Equipment .  91 


I.  OTHER  GENERAL  EXPENSE  ACCOUNTS. 


433-440.  General  Labor  .  91 

441-446.  General  Supplies  and  Expenses  .  03 

447.  Natural  Gas  Franchise  Requirements  .  94 

448 .  Taxes  . 94 

449.  Uncollectible  Consumers’  Accounts  . 94 

450-454.  Other  General  Expenses . 95 

455-458.  General  Adjustments  .  96 

459-464.  Maintenance  of  General  Structures  .  97 

465-471.  Maintenance  of  General  Equipment  . . . .  . .  98 

472.  Depreciation  .  00 

473.  Extraordinary  Depreciation  .  00 

> 

474.  Amortization  of  Franchises,  Patent  Rights  and  Licenses  00 

475.  Joint  Operating  Expenses  Transferred .  00 


♦  * 


TEXT  EXPLANATORY  OF  INCOME  ACCOUNTS. 


II.  OPERATING  EXPENSE  ACCOUNTS. 

Charge  to  the  apprporiate  numbered  accounts  listed  under  this  caption 
or  to  the  appropriate  subcaptions  under  which  such  numbered  accounts 
are  listed  the  amounts  of  operating  expenses  (incurred  by  the  utility  in 
the  conduct  of  its  natural  gas  operations. 

These  subcaptions  as  well  as  the  numbered  accounts  listed  under  them 
are  account  titles.  The  letter,  or  letters,  after  each  subcaption  or  num¬ 
bered  account  indicates  the  class  of  the  utility  that  is  required  to  keep 
the  account  title  prefixed  thereto. 

Each  natural  gas  utility  shall  so  keep  the  records  supporting  the  entries 
to  each  maintenance  account  listed  under  this  caption  that  it  can  furnish 
information  as  to  the  separate  cost  of  labor,  materials  and  supplies,  and 
expenses  charged  thereto. 

i 


A.  PRODUCTION  SYSTEM  OPERATING  EXPENSE  ACCOUNTS. 

Operating  Labor — q Classes  B  and  C). 

Superintendence —  ( Class  A ) . 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in 
a  general  supervisory  capacity  in  the  operation  of  its  natural  gas  produc¬ 
tion  system. 

Exclude  from  this  account  salaries  and  wages  for  services  of  this  char¬ 
acter  performed  in  the  maintenance  of  such  property. 

Gas  Well  and  Field  Line  Labor — (Class  A), 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in 
the  operation  of  its  gas  wells  and  field  liues. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those 
employed  in  pumping  and  gauging  wells,  blowing  lines  and  wells,  pa¬ 
trolling  lines,  inspecting  field  line  regulators,  talcing  pressures,  operating 
reducing  stations,  fighting  forest  fires,  and  performing  other  services 
in  the  operation  of  gas  wells  and  field  lines. 

Exclude  from  this  account  maintenance  labor. 

Field  Measuring  Station  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in 
operating  field  measuring  stations  used  to  measure  the  quantity  of  natural 
gas  produced  by  the  utility. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those 
employed  in  operating  measuring  devices,  calculating  the  quantity  of 
gas  produced  by  the  utility,  and  performing  other  services  in  the  opera¬ 
tion  of  the  field  measuring  stations. 

Exclude  from  this  account  the  cost  of  field  measuring  operations  in 
connection  with  gas  purchased  from  other  producers. 

Exclude  also  from  this  account  maintenance  labor. 


Operating  Expense  Accounts. 


Other  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor,  not  provided  for  elsewhere, 
employed  by  the  utility  in  the  production  of  natural  gas. 

Exclude  from  this  account  maintenance  labor. 


Operating  Supplies  and  Expenses — (Classes  B  and  C). 

Superintendence  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
for  the  benefit  of  the  utility  by  its  superintendents  and  others  employed 
in  a  supervisory  capacity  in  the  production  of  natural  gas. 

In  the  charges  to  this  account  include  the  cost  of  supplies  used  and 
such  expenses  as  train  fares,  carfares,  hotel  expenses,  meals,  and  like 
necessary  expenses  incurred  by  superintendents  and  others  employed 
in  a  supervisory  capacity  in  the  production  of  the  utility’s  natural  gas. 

Gas  Well  and  Field  Line  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
for  the  benefit  of  the  utility  by  employees  other  than  superintendents 
engaged  in  the  operation  of  its  gas  wells  and  field  lines. 

In  the  charges  to  this  account  include  the  cost  of  such  supplies  as  fuel, 
oil,  waste,  tools,  etc.,  land  such  expenses  as  train  fares,  carfares,  hotel 
expenses,  meals,  and  like  necessary  expenses  incurred  by  employees  other 
than  superintendents  engaged  in  operating  the  utility’s  gas  wells  and 
field  lines. 


Field  Measuring  Station  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
for  the  benefit  of  the  utility  by  employees  engaged  in  the  operation  of 
its  field  measuring  stations. 

In  the  charges  to  this  account  include  the  cost  of  fuel,  oil,  waste,  tools, 
meter  charts,  etc.,  and  such  expenses  as  train  fares,  carfares,  hotel  ex¬ 
penses,  meals,  and  like  necessary  expenses  incurred  by  employees  engaged 
in  the  operation  of  the  utility’s  field  measuring  stations. 

Other  Supplies  and  Expenses— (Class  A). 

Charge  to  this  account  the  cost,  not  provided  for  elsewhere,  of  all  sup¬ 
plies  used  and  expenses  incurred  for  the  benefit  of  the  utility  by  em¬ 
ployees  engaged  in  the  operation  of  its  natural  gas  production  system. 

Gas  Well  Royalties — (Classes  A  B  and  C). 

Charge  to  this  account  the  amounts  of  royalties  paid  for  natural  gas 
produced  by  the  utility  and  extracted  from  land  owned  by  others. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  party  to 
each  contract  involving  royalties,  the  terms  of  each  contract,  the  location 
of  each  gas  well  operated  on  a  royalty  basis,  the  methods  of  determining 
royalties  paid,  and  the  amounts  of  royalties  paid  in  agreement  with  the 
terms  of  each  contract. 


Operating  Expense  Accounts. 


Maintenance  of  Production  System  Structures — (Classes  B  and  C). 

Maintenance  of  Gas  Well  Structures — (Class  A)) 

—  Charge  to  Phis  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  gas  well  structures. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  such 
structures  as  buildings  used  to  house  gate  valves,  pumping  equipment, 
and  other  apparatus  necessary  to  keep  gas  wells  in  operation. 

« 

Maintenance  of  Other  Production  System  Structures — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  Incurred  by  the  utility  in  making  repairs 
to  all  other  structures  of  the  production  system. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  structures 
used  to  house  meters  and  other  appliances  used  in  measuring  gas  before 
it  is  conveyed  to  compressing  or  boosting  stations  or  other  points  where 
the  transmission  system  begins,  and  all  other  buildings  or  other  forms 
of  structures  used  in  the  production  of  natural  gas. 


Maintenance  of  Production  System  Equipment — (Class  C). 

Maintenance  of  Gas  Well  and  Field  Line  Equipment — (Class  B). 

Maintenance  of  Gas  Well  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  .incurred  by  the  utility  in  making  repairs 
to  its  gas  well  equipment. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  drive  pipe, 
casing,  tubing,  packers,  fittings,  and  all  other  gas  well  equipment  up  to 
and  including  well  gates  and  stops.  Charge  also  to  this  account  the  cost 
of  repairs  to  engines  and  appliances  used  exclusively  in  the  operation 
of  natural  gas  wells. 


Maintenance  of  Field  Line  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  lines  used  by  it  in  collecting  natural  gas  from  wells  and  conveying  it 
to  compressing  or  boosting  stations  or  other  points  where  the  transmission 
system  begins. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  pipe,  collars, 
couplings,  other  fittings,  gates,  valves  and  other  equipment  accessory  to 
the  field  lines. 


Changing  Field  Lines — (Class  A). 

•  Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  changing  the 
location  of  its  field  lines. 


Operating  Expense  Accounts. 


Maintenance  of  Other  Production  System  Equipment — (Class  B). 


364. 


Maintenance  of  Field  Measuring  Station  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup 
plies  consumed,  and  expenses  (incurred  by  the  utility  in  making  repairs 
to'ics  held  measuring  station  equipment. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  meters, 
gauges  and  other  devices  used  by  the  utility  to  measure  natural  gas 
collected  by  the  field  lines  before  it  as  conveyed  to  compressing  or  boosting 
stations  or  other  points  where  the  transmission  system  begins. 


hi;.-).  Maintenance  of  Portable  Engines,  Pumps  and  Boilers — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  portable  engines,  pumps  and  boilers  used  in  its  production  system. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  portable 
engines,  pumps,  boilers,  and  accessory  equipment  used  by  the  utility  iia 
■»  drilling  and  cleaning  natural  gas  wells  and  performing  other  services  in 

the  production  system. 


306.  Maintenance  of  Rigs,  Drilling  and  Cleaning  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  rigs,  drilling  and  cleaning  equipment. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  rigs, 
drilling  cables,  rope  sockets,  swivel  wrenches,  bailers  and  other  equipment, 
except  boilers,  engines  and  pumps,  used  in  drilling  and  cleaning  natural 
gas  wells. 

3(57.  Maintenance  of  Other  Production  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  Incurred  by  the  utility  in  making  repairs 
to  all  equipment,  not  provided  for  elsewhere,  used  in  the  production  of 
natural  gas. 

.  B.  NATURAL  GAS  PRODUCED  BY  OTHERS. 


368.  Natural  Gas  Purchased  for  Resale — (Classes  A  B  and  C). 

Charge  to  this  account  the  amount  paid  for  natural  gas  produced  by 
others  and  purchased  by  the  utility  for  resale. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
,  that  the  utility  can  furnish  information  as  to  the  name  of  each  vendor 

of  such  natural  gas;  whether  or  not  the  utility  controls,  is  controlled 
by,  or  is  in  any  way  affiliated  with  such  vendor;  the  quantity  of  natural 
gas  purchased  from  each  vendor;  and  the  rate  and  amount  paid  for  it. 

’  369.  Purchased  Gas  Expense — (Classes  A  B  and  C). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  Incurred  by  the  utility  in  connection  with 
the  purchase  of  natural  gas  for  resale. 

In  the  charges  to  this  account  include  the  cost  of  operating  measuring 
devices,  and  calculating  the  quantity  of  gas  purchased  for  resale;  also 
the  cost  of  supplies  as  fuel,  oil,  waste,  tools,  meter  charts,  ink,  etc.,  and 
such  expenses  as  train  fares,  car  fares,  hotel  expenses,  meals,  and  like 
necessary  expenses  incurred  by  the  utility  in  the  purchase  of  natural  gas 
for  resale. 


Operating  Expense  Accounts. 


C.  TRANSMISSION  SYSTEM  OPERATING  EXPENSE  ACCOUNTS. 
Operating  Labor — (Classes  B  and  C). 

Superintendence — (Class  A) . 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  a 
general  supervisory  capacity  in  the  operation  of  its  transmission  system. 

In  the  charges  to  this  account  include  the  salaries  of  superintendents 
and  foremen  having  supervision  over  the  operation  of  the  compressing 
stations,  transmission  lines,  and  other  parts  of  the  utility’s  transmis¬ 
sion  system. 

Exclude  from  this  account  salaries  for  services  of  this  Character  per¬ 
formed  in  the  maintenance  of  the  transmission  system  properties. 


Compressing  Station  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  compressing  stations. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  engineers, 
oilers,  wipers,  and  others  employed  in  the  operation  of  engines,  compres¬ 
sors,  boosters,  lighting  and  ventilating  appliances,  and  other  equipment 
in  the  compressing  stations. 


Measuring  Station  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  the  measuring  stations  in  its  transmission  system. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those 
employed  in  operating  measuring  devices  used  to  compute  the  quantity 
of  gas  flowing  through  transmission  lines,  and  performing  all  other 
services  in  the  operation  of  the  transmission  system  measuring  stations. 

Exclude  from  this  account  maintenance  labor. 

Transmission  Line  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  transmission  lines. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those 
employed  in  patrolling  lines,  taking  pressures,  blowing  lines,  attending 
gates  and  performing  other  services  in  the  operation  of  the  transmission 
lines. 

Exclude  also  from  this  account  maintenance  labor. 

Other  Transmission  System  Labor — (Class  A). 

Charge  to  this  account  the  co.st  of  labor,  not  provided  for  elsewhere, 
employed  by  the  utility  in  the  operation  of  its  transmission  system. 

Exclude  from  this  account  maintenance  labor. 

Operating  Supplies  and  Expenses — (Classes  B  and  C). 

Superintendence  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
for  the  benefit  of  the  utility  by  its  superintendents  and  others  employed 
in  a  supervisory  capacity  in  the  operation  of  its  transmission  system. 


Operating  Expense  Accounts. 


In  the  charges  to  this  account  include  the  cost  of  supplies  used  and 
such  expenses  as  train  fares,  carfares,  hotel  expenses,  meals,  and  like 
necessary  expenses  incurred  by  superintendents  and  others  employed  in 
a  supervisory  capacity  in  the  operation  of  the  utility’s  transmission 
system. 

Compressing  Station  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  its  compressing  stations. 

In  the  charges  to  this  account  include  the  cost  of  fuel,  lubricants, 
waste,  wipers,  brooms,  shovels,  scoops,  hand  tools,  stationery  and  print¬ 
ing,  postage,  light,  heat,  drinking  water,  ice,  soap,  water  for  cooling 
compressors  and  for  general  use,  and  like  supplies  used  and  expenses 
incurred  in  the  operation  of  the  compressing  stations. 

Measuring  Station  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  the  measuring  stations  in  its  transmis¬ 
sion  system. 

In  the  charges  to  this  account  include  the  cost  of  oil,  waste,  tools, 
meter  charts,  and  other  supplies  used  and  expenses  incurred  in  the 
operation  of  the  measuring  stations. 

Transmission  Line  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  its  transmission  lines. 

Transmission  System  Rent — (Class  A). 

Charge  to  this  account  the  amount  of  rent  accrued  during  each  account¬ 
ing  period  on  property  rented  by  the  utility  from  others  for  a  short  term 
for  use  in  transmitting  natural  gas  and  in  which  the  utility  makes  no 
investment  other  than  expenditures  for  repairs  or  changes  for  /its  own 
convenience. 

If  the  utility  leases  such  property  for  a  long  term  and  enjoys  exclusive 
use  thereof  during  the  period  of  the  lease,  it  shall  charge  the  rent  that  i: 
pays  thereon  to  “600.  Rent  for  Lease  of  Natural  Gas  System  Proper¬ 
ties”  account. 

Other  Transmission  System  Supplies  and  Expenses— (Class  A). 

^  Charge  to  this  account  the  cost,  not  provided  for  elsewhere,  of  all  sup¬ 
plies  used  and  expenses  incurred  by  the  utility  in  the  operation  of  its 
transmission  system. 

Maintenance  of  Transmission  System  Structures — (Classes  B  and  C). 

Maintenance  of  Compressing  Station  Structures — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and 
supplies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  compressing  station  structures. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  buildings 
used  to  house  compressors,  boosters,  and  appurtenant  engines  and  equip¬ 
ment. 


Maintenance  of  Otiiek  Transmission  System  Structures — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and 
supplies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  structures,  not  provided  for  elsewhere,  used  to  house  transmission 
system  equipment. 


Maintenance  of  Transmission  System  Equipment — (Class  C). 

Maintenance  of  Compressing  Station  Equipment — (Classes  A  and  B). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and 
supplies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  compressing  station  equipment. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  compressors, 
boosters,  gas  and  steam  engines,  electric  motors,  lighting  and  ventilating 
appliances,  and  all  other  equipment  used  in  the  compressing  station. 


Maintenance  of  Transmission  Lines — (Class  B). 

Maintenance  of  Transmission  Line  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and 
supplies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  transmission  lines. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  pipe, 
fittings,  collars,  couplings,  other  fittings,  gates,  valves,  and  other  equip¬ 
ment  accessory  to  the  transmission  pipe  lines. 


Changing  Transmission  Lines — (Class  A); 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and 
supplies  consumed,  and  expenses  incurred  by  the  utility  in  changing  the 
location  of  its  transmission  lines. 


Maintenance  of  Other  Transmission  System  Equipment — Class  B). 

Maintenance  of  Measuring  Station  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and 
supplies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  the  measuring  station  equipment  in  its  transmission  system.. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  meters, 
gauges,  and  other  equipment  used  in  the  transmission  system  measuring 
station. 


Maintenance  of  Other  Transmission  Equipment — (Class  A). 
Charge  to  this  account  the  cost  of  labor  employed,  materials  and 
supplies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  equipment,  not  provided  for  elsewhere,  used  in  its  transmission  system. 


So 


Operating  Expense  Accounts. 

t 

D.  DISTRIBUTION'  SYSTEM  OPERATING  EXPENSE  ACCOUNTS. 
Operating  Labor — (Classes  A  B  and  C). 

388.  Superintendence — (Class  A). 

Charge  to  this  account  the  cost  of.  labor  employed  by  the  utility  in  a 
general  supervisory  capacity  in  the  operation  of  its  distribution  system. 

In  the  charges  to  this  account  include  the  salaries  of  the  superin¬ 
tendent  and  foremen  of  the  distribution  system;  also  that  portion  of  the 
salaries  of  the  engineering  staff,  consulting  operating  engineers,  drafts¬ 
men,  chemists,  clerks,  etc.,  that  is  chargeable  to  the  operation  of  the 
distribution  system. 

Exclude  from  this  account  salaries  for  services  of  this  character  per¬ 
formed  in  the  maintenance  of  the  distribution  system  properties. 

* 

K 

389 .  Distribution  Line  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  distribution  lines. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those  em 
ployed  in  inspecting  district  regulators,  mains  and  service  lines,  taking 
pressures,  attending  gates,  and  performing  other  services  in  the  operation 
of  the  utility’s  distribution  lines. 

Exclude  from  this  account  maintenance  labor. 

390.  Labor  Removing  and  Resetting  Meters  and  House  Regulators — 

(Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in 
removing  and  resetting  its  meters  and  house  regulators  used  on  the 
premises  of  consumers. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those 
employed  in  removing  meters,  and  house  regulators  from  the  premises 
of  the  consumer  to  the  utility’s  shop  for  testing  purposes,  resetting  or 
replacing  such  meters  and  house  regulators  after  they  have  been  tested, 
changing  location  of  meters  and  bouse  regulators  on  consumers’  premises, 
and  performing  like  services. 

Exclude  from  this  account  maintenance  labor. 

391 .  Labor  Inspecting  and  Testing  Meters  and  House  Regulators — 

(Class  A). 

Charge  to  this  account  the  cost  of  the  labor  of  those  employed  by  the 
utility  in  inspecting  and  testing  meters  and  house  regulators  that  are 
in  use. 

Exclude  from  this  account  maintenance  labor. 

392.  Other  Meter  Department  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  the  labor,  not  provided  for  elsewhere, 
employed  by  the  utility  in  the  operation  of  its  meter  department.  . 

Exclude  from  this,  account  maintenance  labor. 

393.  Other  Distribution  System  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  not  provided  for  elsewhere, 
employed  by  the  utility  in  the  operation  of  its  distribution  system. 

Exclude  from  this  account  maintenance  labor. 


84 


Operating  Expense  Accounts. 

Operating  Supplies  and  Expenses — (Classes  B  and  C) 

394.  Superintendence  Supplies  and  Expenses — (Class  A). 

Charge  to  this -account  the  cost  of  supplies  used  and  expenses  incurred 
for  the  benefit  of  the  utility  by  its  superintendents  and  others  employed 
in  a  general  supervisory  capacity  in  the  operation  of  its  distribution 
system. 

In  the  charges  to  this  account  include  the  cost  of  supplies  used  and 

such  expenses  as  train  fares,  carfares,  hotel  expenses,  meals,  and  like 

necessary  expenses  incurred  by  the  superintendents  and  others  employed 
in  a  supervisory  capacity  in  the  operation  of  the  utility’s  distribution 
system. 

*  *  \ 

395.  Distribution  Ltne  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  its  distribution  lines. 

In  the  charges  to  this  account  include  the  cost  of  supplies  used  and 

such  expenses  as  train  fares,  carfares,  hotel  expenses,  meals,  and  like 

necessary  expenses  incurred  by  the  employees  of  the  utility  other  than 
those  employed  in  a  supervisory  capacity,  in  the  operation  of  the  utility's 
district  regulators,  distribution  and  service  lines. 

390.  Meter  Department  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
for  the  benefit  of  the  utility  by  its  employees  in  the  operation  of  its 
meter  department. 

In  the  charges  to  this  account  include  the  cost  of  candles,  matches,  ice, 
water,  laundry,  electricity  for  light,  heat,  and  power,  stationery,  postage, 
and  like  Items;  also  such  expenses  as  train  fares,  carfares,  hotel  expenses, 
meals,  and  like  necessary  expenses  incurred  by  the  superintendents  and 
other  employees  of  the  utility  while  engaged  in  removing,  resetting,  in¬ 
specting,  and  testing  meters,  and  performing  other  services  in  the  opera¬ 
tion  of  its  meter  department. 

397.  Distribution  System  Rent — (Class  A). 

Charge  to  this  account  the  amount  of  rent  accrued  during  each  account¬ 
ing  period  on  property  .rented  by  the  utility  from  others  for  a  short  term 
for  use  in  distributing  natural  gas  and  in  which  the  utility  makes  no 
other  investment  except  expenditures  for  repairs  or  changes  for  its  own 
convenience. 

If  the  utility  leases  such  property  for  a  long  term  and  enjoys  exclusive 
use  thereof  during  the  period  of  the  lease  it  shall  charge  the  rent  that 
it  pays  thereon  to  “600.  Rent  for  Lease  of  Natural  Gas  System  Prop¬ 
erties”  account. 

39S.  Other.  Distribution  System  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost,  not  provided  for  elsewhere,  of  supplies 
used  and  expenses  incurred  by  the  utility  in  the  operation  of  its  distri¬ 
bution  system. 


85 


Operating  Expense  Accounts. 


399. 


Maintenance  of  Distribution  System  Structures — (Classes  A  B  and  C). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  the  structures  of  its  distribution  system. 


Maintenance  of  Distribution  System  Equipment — (Class  C). 

Maintenance  of  Distribution  System  Lines — (Class  B). 

400.  Maintenance  of  Distribution  Line  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  distribution  lines. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  pipe,  collars, 
couplings,  other  fittings,  gates,  valves,  and  other  equipment  accessory  to 
the  distribution  lines. 


401.  Changing  Distribution  Lines — '(Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  changing  the 
location  of  its  distribution  lines. 

402.  Maintenance  of  Service  Line  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  the  service  lines  of  its  distribution  system. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  pipe, 
fittings,  curb  boxes,  and  other  equipment  accessory  to  the  service  lines. 

» 

•  Maintenance  of  Meters  and  House  Regulators — (Class  B) . 

403.  Maintenance  of  Meters — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  the  meters  of  its  distribution  system. 

In  the  charges  to  this  account  include  the  cost  of  adjusting,  cleaning, 
and  painting  meters,  repairing  and  replacing  meter  shelves  and  connec¬ 
tions,  inserting  new  parts,  and  performing  other  services  necessary  to 
keep  the  meters  in  operation. 

404.  Maintenance  of  House  Regulators — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  the  house  regulators  of  its  distribution  system. 

Maintenance  of  Other  Distribution  System  Equipment — (Class  B). 

405.  Maintenance  of  Gas  Receivers  and  District  Regulators — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  gas  receivers,  district  regulators,  recording  gauges,  safety  tanks,  and 
other  pressure  controlling  apparatus  of  its  distribution  system. 

Exclude  from  this  account  the  cost  of  repairs  to  house  regulators, 


Operating  Expense  Accounts. 


406.  Maintenance  of  Other  Distribution  Equipment — (Class  A). 

Charge  to  this  account  the  cost,  not  provided  for  elsewhere,  of  labor 
employed,  materials  and  supplies  consumed,  and  expenses  incurred  by 
the  utility  in  making  repairs  to  other  equipment  of  its  distribution  sys¬ 
tem. 


E.  UTILIZATION  SYSTEM  OPERATING  EXPENSE  ACCOUNTS. 
Operating  Labor — (Classes  B  and  C). 

407.  Commercial  Lighting  System  Labor — '(Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  commercial  Lighting  system. 

In  the  charges -Ucuth  is  account  include  the  cost  of  the  labor  of  those 
employed  in  cleaning,  lighting,  extinguishing,  inspecting  commercial  lights 
and  performing  other  services  in  the  operation  of  the  commercial  lighting 
system. 


40S.  Municipal  Street  Lighting  System  Labor — (Class  A). 

Charge  to  this  account  the  cost  of-  labor  employed  by  the  utility  in  the 
operation  of  its  municipal  street  lighting  system. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those 
employed  in  cleaning,  lighting,  and  extinguishing  street  lights,  inspecting 
and  supervising  the  street  lighting  district,  reporting  on  re-lights  and 
discontinues,  watching  the  hours  of  lighting  and  extinguishing,  and  per¬ 
forming  other  services  in  the  operation  of  the  municipal  street  lighting 
system. 

Exclude  from  this  account  maintenance  labor. 


409.  Private  Street  Lighting  System  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  private  street  lighting  system. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those 
employed  in  cleaning,  lighting,  and  extinguishing  street  lights,  inspecting 
and  supervising  the  street  lighting  districts,  reporting  on  re-lights  and 
discontinues,  watching  the  hours  of  lighting  and  extinguishing  and  per¬ 
forming  other  services  in  the  operation  of  the  private  street  lighting 
system. 

Exclude  from  this  account  maintenance  labor. 


410.  Consumers’  Premises  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  and 
furnished  gratuitously  to  consumers  for  the  purpose  of  maintaining  the 
efficiency  of  their  natural  gas  connections  and  appliances. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those 
employed  in  investigating  complaints  made  by  consumers,  inspecting  and 
testing  their  piping  and  fixtures,  and  performing  like  services  on  their 
premises. 


87 


Operating  Expen.se  Accounts. 

Operating  Supplies  and  Expenses — (Classes  B  and  C). 

411.  Commercial  Lighting  System  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 

by  the  utility  in  the  operation  of  its  commercial  lighting  system. 

In  the  charges  to  this  account  include  the  cost  of  such  items  as  burners, 
globes,  reflectors,  waste,  etc.,  and  such  expenses  as  train  fares,  carfares, 
hotel  expenses,  meals  and  like  necessary  expenses  incurred  by  employees 
of  the  utility  in  the  operation  of  its  commercial  lighting  system. 

412.  Municipal  Street  Lighting  System  Supplies  and  Expenses — 

(Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  /its  municipal  street  lighting  system. 

In  the  charges  to  this  account  include  the  cost  of  such  items  as  burners, 
globes,  waste,  reflectors,  etc.,  and  such  expenses  as  train  fares,  carfares, 
hotel  expenses,  meals,  and  like  necessary  expenses  incurred  by  employees 
of  the  utility  in  the  operation  of  its  municipal  street  lighting  system. 

413.  Private  Street  Lighting  System  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 

by  the  utility  in  the  operation  of  its  private  street  lighting  system. 

In  the  charges  to  this  account  include  the  cost  of  such  items  as  burners, 
globes,  reflectors,  waste,  etc.,  and  such  expenses  as  train  fares,  carfares, 
hotel  expenses,  meals,  and  like  necessary  expenses  incurred  by  employees 
of  the  utility  in  the  operation  of  its  private  street  lighting  system. 

414.  Consumers’  Premises  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  gratuitously  maintaining  the  efficiency  of  fhe  natural  gas 
connections  and  appliances  on  the  premises  of  its  consumers. 

In  the  charges  to  this  account  include  the  cost  of  supplies  used  and 
expenses  incurred  in  investigating  consumers’  complaints,  inspecting  and 
testing  their  piping  and  fixtures,  and  performing  like  services  on  their 
premises. 

Maintenance  of  Utilization  System  Equipment— (Classes  B  and  C). 

415.  Maintenance  of  Commercial  Lighting  System — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  Incurred  by  the  utility  in  making  repairs 
to  its  commercial  lighting  system. 

In  the  charges  to  this  account  include  the  cost  of  replacing  globes, 
burners,  mantles,  removing  and  resetting  commercial  lamp  fixtures,  re¬ 
pairing  lamp  fixtures,  and  performing  like  services. 

41<>.  Maintenance  of  Municipal  Street  Lighting  System — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  supplies 
consumed,  and  expenses  incurred  by  the  utility  in  making  repairs  to  its 
municipal  street  lighting  system. 

In  the  charges  to  this  account  include  the  cost  of  cleaning  street  ser¬ 
vices,  cutting  off  services,  recaulking  columns,  straightening,  removing, 
and  resetting  posts,  refitting  columns,  painting,  cartage,  repaving  over 
openings  made  by  work  in  connection  with  the  maintenance  of  the  muni¬ 
cipal  street  lighting  system. 


88 


Operating  Expense  Accounts. 

417.  Maintenance  of  Private  Street  Lighting  System — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility'  in  making  repairs 
to  its  private  street  lighting  system. 

In  tlie  charges  to  this  account  include  the  cost  of  cleaning  street  ser¬ 
vices,  cutting  off  services,  recaulking  columns,  straightening,  removing, 
and  resetting  posts,  refitting  columns,  painting,  cartage,  repaving  over 
openings  made  by  work  in  connection  with  the  maintenance  of  the  private 
street  lighting  system. 

418.  Maintenance  of  Other  Utilization  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  other  utilization  equipment. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  gas  engines 
and  appliances  and  like  equipment  owned  by  the  utility  and  installed  on 
the  premises  of  its  consumers. 


F.  COMMERCIAL  DEPARTMENT  OPERATING  EXPENSE  ACCOUNTS. 

411).  Operating  Labor — (Classes  A  B  and  C). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  commercial  department. 

In  the  charges  to  this  account  include  a  proper  proportion  of  the  sala¬ 
ries  of  those  officers  and  their  assistants  who  are  in  charge  of  the  utility’s 
contract  department;  the  salaries  of  those  clerks  that  are  assigned  to 
give  attention  to  bill  questions,  receive  applications,  etc.,  the  pay  of  those 
employed  in  reading  consumers’  meters;  the  pay  of  the  office  manager 
and  his  assistants,  bookkeepers,  and  clerks  engaged  in  keeping  accounts 
with  consumers;  the  pay  of  collection  office  employees,  collectors,  cashiers, 
and  others  engaged  in  collecting  consumers’  accounts;  and  the  cost  of 
such  labor  as  janitors,  messengers,  watchmen  and  others  employed  in  the 
operation  of  the  commercial  department. 

420.  Operating  Supplies  and  Expenses — (Classes  A  B  and  C). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
for  the  benefit  of  the  utility  by  its  employees  in  the  operation  of  its  com¬ 
mercial  department. 

In  the  charges  to  this  account  include  the  cost  of  stationery,  printing, 
postage,  miscellaneous  office  supplies,  flash  lights,  meter  reading  sheets, 
binders  and  like  supplies,  clock  service,  directories,  drinking  water,  ice, 
laundry,  light,  heat,  telephone,  and  bike  expenses,  and  such  expenses  as 
aneals,  carfares,  and  like  necessary  expenses  incurred  by  the  employees  of 
the  utility  engaged  in  its  commercial  department. 


G.  NEW  BUSINESS  DEPARTMENT  OPERATING  EXPENSE 

ACCOUNTS. 

New  Business  Salaries  and  Commissions — (Classes  B  and  C). 

New  Business  Salaries — (Class  A). 

Charge  to  this  account  the  salaries  of  those  employees  of  the  utility 
that  are  engaged  in  the  operation  of  its  new  business  department. 


421. 


so 


Operating  Expense  Accounts. 

In  the  charges  to  this  account  include  the  salaries  of  the  new  business 
manager,  his  assistants,  and  clerks;  the  salaries  of  convassers,  solicitors, 
engineers  who  prepare  estimates  and  give  advice  in  connection  with  the 
solicitation  of  new  business;  the  salaries  of  the  advertising  manager,  his 
assistants,  clerks,  and  demonstrators,  and  all  other  salaries  paid  to  em¬ 
ployees  engaged  in  the  new  business  department. 

422.  New  Business  Commissions — (Class  A). 

Charge  to  this  account  the  amount  of  commissions  paid  by  the  utility 
in  order  to  promote  its  natural  gas  business. 

The  records  supporting  the  entries  to  t'hiis  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  person  to 
whom  a  commission  is  paid  and  the  amount  paid  to  him. 

423.  New  Business  Supplies  and  Expenses — (Classes  A  B  and  C). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
for  the  benefit  of  the  utility  by  its  employees  in  the  operation  of  its  new 
business  department. 

In  the  charges  to  this  account  include  the  cost  of  stationery,  printing, 
postage,  miscellaneous  office  supplies,  newspaper  advertisements,  printed 
circulars,  posters,  bulletins,  booklets,  and  such  expenses  as  train  fares, 
carfares,  hotel  expenses,  meals,  and  like  necessary  expenses  incurred  by 
the  employees  of  the  utility  while  engaged  in  promoting  its  natural  gas 
business. 


H.  GENERAL  ADMINISTRATIVE  EXPENSE  ACCOUNTS. 

General  Administrative  Salaries — (Classes  B  and  C). 

424.  -  Salaries  of  General  Officers — (Class  A). 

Charge  to  this  account  the  salaries  of  those  officers  employed  by  the 
utility  whose  jurisdiction  extends  over  its  entire  business  and  vrhose 
services  are  not  chargeable  to  any  particular  department. 

In  the  charges  to  this  account  include  the  salaries  of  the  president, 
vice-president,  general  manager,  secretary,  treasurer,  comptroller,  general 
auditor,  etc. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  of  each  officer’s 
salary. 

425.  Salaries  of  General  Office  Clerks — (Class  A). 

Charge  to  this  account  the  salaries  of  those  clerks  who  are  employed 
by  the  utility  in  its  general  office  and  whose  services  are  not  directly 
Chargeable  to  any  particular  department. 

In  the  charges  to  this  account  include  the  salaries  of  the  general  office 
auditors,  bookkeepers,  cashiers,  paymasters,  stenographers  and  all  other 
clerks  connected  with  the  general  office. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  of  each  clerk’s 
salary. 


90 


Operating  Expense  Accounts. 


General  Administrative  S 
General  Administrative 


rp plies  and  Expenses — (Class 
Supplies — (Class  Bj. 


C). 


420.  General  Office  Stationery  and  Printing — (Class  A). 

Charge  to  this  account  the  cost  of  stationery  and  printing  used  in  the 
general  office,  except  that  which  is  used  on  work  which  is  chargeable  to 
particular  departments. 

In  the  charges  to  this  account  include  the  cost  of  blank  books,  letter 
paper,  envelopes,  printed  forms,  postage,  carbon  paper,  blotters,  and  like 
items. 


427.  Other  General  Office  Supplies — (Class  A). 

Charge  to  this  account  the  cost  of  office  supplies  used  in  the  general 
office,  except  those  which  are  used  on  work  which  is  chargeable  to  par¬ 
ti  cu  1  a r  d epa r t m en ts. 

In  the  charges  to  this  account  include  the  cost  of  ink,  inkstands,  pens, 
penholders,  pencils,  paper  clips  and  fasteners,  pins,  typewriter  ribbons, 
waste  baskets,  and  like  items. 


General  Officers’  and  General  Clerks’  Expenses — (Class  B). 

428.  ‘  General  Officers’  Expenses — (Class  A). 


Charge  to  this  account  the  amount  of  expenses  incurred  for  the  benefit 
of  the  utility  by  its  officers  whose  jurisdiction  extends  over  t'he  entire 
business  and  whose  services  are  not  chargeable  to  any  particular  depart¬ 
ment. 

In  the  charges  to  this  account  (include  traveling,  hotel,  and  like  nec¬ 
essary  expenses  incurred  by  the  president,  vice-presidents,  general  man¬ 
ager,  secretary,  treasurer,  comptroller,  general  auditor,  etc.,  while  they 
are  engaged  in  performing  services  for  the  utility. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  and  nature  of  each 
officer's  expenses. 


429.  General  Office  Clerks’  Expenses — (Class  A). 

Charge  to  this  account  all  expenses  incurred  for  the  benefit  of  the 
utility  by  clerks  who  are  employed  in  its  general  office  and  whose  services 
are  not  directly  chargeable  to  any  particular  department. 

In  the  charges  to  this  account  include  traveling,  hotel,  and  like  necessary 
expenses  incurred  by  the  general  office  auditors,  bookkeepers,  cashiers, 
paymasters,  stenographers,  and  other  clerks  connected  with  the  general 
office  while  they  are  engaged  in  performing  services  for  the  utility. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  and  nature  of  each 
clerk’s  expenses. 


1)1 


Operating  Expense  Accounts. 


Other  General  Administrative  Expenses — (Class  B). 

430.  General  Law  Expenses — (Class  A). 

Charge  to  this  account  all  general  law  expenses  incurred  by  the  utility. 

In  the  charges  to  this  account  include  the  pay  and  expenses  of  counsel, 
solicitors,  and  attorneys,  their  clerks  and  attendants,  and  the  expenses  of 
their  offices  if  they  are  employed  exclusively  by  the  utility;  fees  paid  to 
legal  advisers  not  regular  employees  of  the  utility;  cost  of  printing  briefs, 
legal  forms,  testimony,  reports,  etc.;  payments  to  arbitrators  of  disputed 
questions;  payments  of  special  fees,  notarial  fees,  and  witness  fees  not 
elsewhere  provided  for;  expenses  connected  with  taking  depositions,  court 
costs,  and  like  expenses. 

Exclude  from  this  account  all  expenses  incurred  in  connection  with  tbe 
defense  and  settlement  of  damage  claims. 

If  the  utility  has  a  law  department,  it  shall  so  keep  the  records  sup¬ 
porting  the  entries  to  this  account  that  it  can  furnish  separate  informa¬ 
tion  as  to  the  salaries,  the  supplies,  and  expenses  thereof  charged  to  this 
account. 


431.  General  Office  Rent — '(Class  A). 

Charge  to  this  account  the  amount  of  rent  accrued  during  each  account¬ 
ing  period  on  property  of  others  used  by  the  utility  for  general  office 
purposes.  Charge  also  to  this  account  the  taxes  borne  by  the  utility  on 
such  property. 

v 

432.  Other  General  Office  Expenses — (Class  A). 

Charge  to  this  account  expenses  not  provided  for  elsewhere  incurred 
for  the  benefit  of  the  utility  in  connection  with  its  general  office. 

In  the  charges  to  this  account  include  the  cost  of  light,  heat,  telephone, 
telegrams,  messengers,  janitor  services,  newspapers,  periodicals,  ice, 
drinking  water,  laundry,,  and  like  expenses. 

433.  Maintenance  of  General  Office  Structures — (Classes  A  B  and  C). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  office  buildings. 

434.  Maintenance  of  General  Office  Equipment — (Classes  A  B  and  C). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  office  equipment.  V. 

In  the  charges  to  this  account  include  repairs  to  desks,  chairs,  tables, 
filing  cases,  book  cases  and  racks,  movable  safes,  typewriters,  adding  and 
calculating  machines,  addressographs,  drafting  tables  and  instruments, 
engineering  instruments  and  other  appliances  used  in  connection  with  the 
general  offices. 

I.  OTHER  GENERAL  EXPENSE  ACCOUNTS. 

General  Labors— (Class  C). 

435.  Store  Labor — (Classes  A  and  B). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  store  department. 


02 


Operating  Expense  Accounts. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  store¬ 
keepers.  clerks,  and  employees  engaged  in  unloading,  storing,  and  other¬ 
wise  handling  materials  and  supplies  in  the  storerooms  and  stock  yards, 
collecting  scrap  material,  etc. 

Exclude  from  this  account  maintenance  labor. 

Stable  and  Garage  Labor — (Class  B). 

430.  Stable  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  stables. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  hostlers, 
drivers,  teamsters,  and  others  employed  in  the  utility’s  stables. 

Exclude  from  this  account  maintenance  labor. 

437.  Garage  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  garages. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  chauf¬ 
feurs.  their  attendants,  and  other  labor  employed  in  the  utility’s  garages. 

Exclude  from  this  account  maintenance  labor. 


Shop  and  Laboratory  Labor — (Class  B). 

438.  Shop  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  shops. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  the 
superintendent,  timekeepers,  machinists,  blacksmiths,  carpenters,  and 
other  shop  employees. 

Exclude  from  this  account  maintenance  labor. 

439.  Laboratory  Labor — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 
operation  of  its  laboratories. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  chemists 
and  all  other  laboratory  employees. 

Exclude  from  this  account  maintenance  Labor. 

J 

440.  Telephone  and  Telegraph  System  Labor — (Classes  A  and  B). 

Charge  to  this  account  the  cost  of  labor  employed  by  the  utility  in  the 

operation  of  its  general  telephone  and  telegraph  system  properties. 

In  the  charges  to  this  account  include  the  cost  of  the  labor  of  those 
employed  in  patrolling,  inspecting,  and  testing  the  telephone  and  tele¬ 
graph  lines  and  equipment;  locating  and  clearing  telephone  and  telegraph 
line  trouble;  protecting  telephone  and  telegraph  lines  from  fires,  floods, 
etc.;  and  performing  other  services  in  the  operation  of  the  telephone  and 
telegraph  system. 

Exclude  from  this  account  maintenance  labor. 


93 


Operating  Expense  Accounts. 

General  Supplies  and  Expenses — (Class  C). 

441.  Store  Supplies  and  Expenses — '(Classes  A  and  B). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  its  store  department. 

In  the  charges  to  this  account  include  the  cost  of  stationery,  printed 
forms,  stock  record  hooks,  and  like  supplies;  the  cost  of  lighting  and  heat¬ 
ing  storerooms,  water  for  fire  protection  and  general  use,  rent  paid  for 
storerooms  and  storage  yards;  also  traveling  and  other  necessary  expenses 
incurred  hy  employees  of  the  utility  while  engaged  in  performing  services 
in  the  operation  of  the  store  department. 


Stable  and  Garage  Supplies  and  Expenses— (Class  B). 

442.  Stable  Supplies  and  Expenses— (Glass  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  its  stables. 

In  the  charges  to  this  account  include  the  cost  of  water,  feed,  bedding, 
blankets,  axle  grease  and  other  supplies;  also  the  cost  of  shoeing  horses 
and  other  incidental  expenses. 


443.  Garage  Supplies  and  Expenses — (Class  A). 

* 

Charge  to  this  account  the  cost,  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  its  garages. 

In  the  charges  to  this  account  include  the  cost  of  gasoline,  kerosene, 
engine  oil,  and  other  automobile  supplies;  the  cost  of  lighting  and  heating 
the  garage;  water,  telephone,  etc.,  and  all  necessary  expenses  incurred  by 
the  employees  of  the  utility  while  engaged  in  the  operation  of  the  garages. 


Snor  and  Laboratory  Supplies  and  Expenses — (Class  B). 

444.  Shop  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  its  shops. 

In  the  charges  to  this  account  include  the  cost  of  power,  fuel,  oil, 
smithing  and  other  supplies;  the  cost  of  lighting  and  heating  the  shops, 
water  for  general  use  and  fire  protection,  etc.,  also  all  necessary  expenses 
incurred  by  the  employees  of  the  utility  while  engaged  in  the  operation 
of  the  shops. 


445.  Laboratory  Supplies  and  Expenses — (Class  A). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
by  the  utility  in  the  operation  of  its  laboratories. 

In  the  charges  to  this  account  include  the  cost  of  chemicals  and  other 
supplies;  also  the  cost  of  light,  heat,  water,  soap,  towels,  and  like  items. 


94 


Operating  Expense  Accounts. 


44  G.  Telephone  and  Telegraph  System  Supplies  and  Expenses — (Classes 

A  and  B). 

Charge  to  this  account  the  cost  of  supplies  used  and  expenses  incurred 
for  the  benefit  of  -the  utility  by  its  employees  in  the  operatiop  of  its 
general  telephone  and  telegraph  system. 

In  the  charges  to  this  account  include  the  cost  of  supplies  used  and 
such  expenses  as  train  fares,  carfares,  hotel  expenses,  meals  and  like 
necessary  expenses  of  the  superintendents  and  other  employees  of  the 
utility  while  engaged  in  patrolling,  inspecting,  and  testing  its  telephone 
and  telegraph  lines  and  equipment;  locating  and  clearing  telephone  and 
telegraph  line  trouble;  protecting  its  telephone  and  telegraph  lines  from 
fires,  floods,  etc.;  performing  all  other  services  in  the  operation  of  its 
telephone  system. 


447.  Natural  Gas  Franchise  Requirements— (Classes  A  B  and  C). 

Charge  to  this  account  at  schedule  rates  the  natural  gas  supplied  free 
by  the  utility  to  municipalities  in  compliance  with  the  requirements  of 
its  franchise;  also  the  cost  of  materials  and  supplies  used  and  the  amount 
of  expenses  incurred  by  it  in  paving  and  performing  other  service  in 
compliance  with  such  requirements  and  for  which  it  is  not  reimbursed. 

Credit  to-  “458.  Free  Municipal  Natural  Gas  Service”  account  the 
amounts  charged  to  this  account  for  natural  gas  supplied  free  to  muni¬ 
cipalities. 

448.  Taxes — (Classes  A  B  and  C). 

Charge  to  this  account  and  credit  to  “175.  Taxes  Accrued”  account  the 
amount  of  taxes  payable  by  the  utility  that  have  accrued  upon  its  prop¬ 
erty  used  in  its  natural  gas  operations,  and  the  amount. of  all  other  taxes 
that  have  accrued  and  are  chargeable  against  its  operating  revenues. 

449.  Uncollectible  Consumers’  Accounts — ’(Classes  A  B  and  C). 

Charge  to  this  account  and  credit  to  “181.  Uncollectible  Consumers’ 
Accounts  Reserve”  account  the  amount  which,  it  is  estimated,  will, 
through  gradual  accumulation,  be  sufficient  to  provide  for  all  accounts 
due  from  consumers,  which  prove  impossible  of  collection  because  of  the 
removal  of  such  consumers  beyond  the  jurisdiction  of  the  State,  the 
operation  of  the  statute  of  limitations,  discharge  in  bankruptcy,  or  for 
any  other  good  and  sufficient  reason. 

If  the  utility  does  not  carry  a  reserve,  charge  directly  to  this  account 
and  credit  to  “119.  Accounts  Receivable  from  Consumers”  account  the 
amounts  of  those  consumers  accounts,  which  were  charged  to  “119.  Ac¬ 
counts  Receivable  from  Consumers”  account  during  the  current  year 
and  which  proved  to  be  uncollectible.  Charge  those  accounts  which  were 
charged  to  “119.  Accounts  Receivable  from  Consumers”  account  prior 
to  the  current  year  and  which  proved  to  be  uncollectible  during  the  cur¬ 
rent  year  to  “712.  Uncollectible  Consumers’  Accounts — Old  Year” 
account. 


Operating  Expense  Accounts. 


Other  General  Expenses — (Class  C). 

Public  Service  Commission  Expense — (Classes  A  and  B). 

Charge  to  this  account  expenses  incurred  by  the  utility  in  its  transac¬ 
tions  with  The  Public  Service  Commission. 

In  the  charges  to  this  account  include  fees  and  retainers  and  expenses 
of  counsel,  solicitors,  attorneys,  clerks,  attendants,  witnesses,  and  others 
whose  services  are  secured  for  the  defense  or  prosecution  of  those  peti¬ 
tions  presented  to  The  Public  Service  Commission  that  affect  the  utility; 
the  pay,  traveling  and  other  expenses  of  those  specially  employed  or 
assigned  to  ascertain  the  value  of  property  owned  or  used  by  the  utility; 
the  cost  of  stationery  and  printing  and  engineering  supplies  consumed; 
and  other  necessary  expenses. 

Exclude  from  this  account  and  charge  to  the  appropriate  specific  operat¬ 
ing  expense  account  those  expenses,  such  as  improvement  of  service  and 
additional  inspection,  etc.,  which  are  made  necessary  by  the  rules,  regula¬ 
tions,  or  orders  of  The  Public  Service  Commission. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  and  nature  of  each 
charge  to  this  account. 


Insurance  and  Pension  Expense — (Class  B). 

Injuries  and  Damages — (Class  A). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  for  injuries 
to  its  employees  and  other  persons  and  for  damages  to  the  property  of 
others  when  such  injuries  and  damages  are  caused  by  its  natural  gas 
operations. 

In  the  charges  to  this  account  include  the  amount  of  awards  of  courts 
or  other  lawful  authority,  such  as  workmen’s  compensation  boards,  .etc. ; 
of  all  allowances  by  the  utility  itself  for  damages  to  or  destruction  of 
property  other  than  that  owned  by  the  utility,  and  for  injuries  and  deaths 
of  employees  and  other  persons.  In  addition  include  such  items  of  ex¬ 
pense  as  contributions  to  hospitals,  transportation  of  injured  persons, 
fees  of  physicians  and  surgeons,  or,  if  regularly  employed  by  the  utility, 
a  proportion  of  their  salaries  and  expenses,  nurses’  and  hospital  charges; 
cost  of  medical  and  surgical  supplies,  expenditures  for  funeral  and  burial 
services,  the  salaries  of  the  utility's  claim  agents  and  adjusters  and  their 
assistants  while  engaged  in  settling  damage,  injury,  or  death  claims  which 
are  caused  by  its  natural  gas  operations,  the  compensation  of  the  solicitor 
or  counsel  while  engaged  in  attending  to  law  suits  which  develop 
from  such  claims  and  all  court  costs  connected  therewith  paid  by  the 
utility. 

If  the  utility  carries  a  reserve  for  injuries  and  damages,  charge  to  this 
account  and  credit  to  “ISO.  Injuries  and  Damages  Reserve”  account  the 
amount  w'hic-h  it  is  estimated,  will,  through  gradual  accumulation,  be 
sufficient  to  provide  for  injuries  and  damages.  Wihen  payments  are 
made  for  such  injuries  and  damages,  charge  the  amounts  of  them  to  “ISO. 
Injuries  and  Damages  Reserve”  account. 


452. 


1)G 

Operating  Expense  Accounts. 

Other  Insurance — (Class  A). 

Charge  to  this  account  all  other  insurance  expenses  incurred  by  the 
utility. 

In  the  charges  to  this  account  include  premiums  paid  to  insurance 
companies  for  fire,  casualty,  boiler,  fidelity,  burglar,  and  other  insurance; 
and,  in  case  the  utility  carries  its  own  insurance  risks,  the  salaries  of 
those  employed  in  its  insurance  department  and  all  other  expenses  con¬ 
nected  therewith. 

If  the  utility  carries  all  or  part  of  its  own  insurance  risks,  charge  to 
this  account  and  credit  to  “179.  Insurance  Reserve”  account  that  amount 
which,  it  is  estimated,  will,  through  gradual  accumulation,  be  sufficient 
to  provide  for  all  insurable  losses  to  the  property  of  the  utility. 

The  credit  to  “179.  Insurance  Reserve”  account  shall  not  include  any 
provision  for  the  expenses  of  the  insurance  department. 

If  the  utility  carries  its  own  insurance  risks  it  shall  so  keep  the  records 
supporting  the  entries  to  this  account  that  it  .can  furnish  separate  infor¬ 
mation  as  to  the  amount  of  salaries,  supplies,  and  expenses  charged 
hereto. 

453.  Pensions — (Class  A). 

Charge  to  this  account  the  amounts  of  pensions  paid  to  retired  em¬ 
ployees  of  the  utility,  or  their  heirs,  and  the  salaries  and  other  expenses 
of  those  employed  in  its  pension  department. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  separate  information  as  to  the  amount  of  salaries, 
supplies,  and  expenses  charged  hereto. 

454.  Other  General  Expense — (Classes  A  and  B). 

Charge  to  this  account  all  general  expenses  not  provided  for  elsewhere. 

In  the  charges  to  this  account  include  the  cost  of  publishing  annual 
reports,  advertising  notices  of  stockholders’  meetings,  dividend  notices, 
other  corporate  and  financial  notices;  association  dues,  subscriptions, 
fees  of  transfer  agents,  registrars  of  stock  and  fiscal  agents,  and  like 
expenses. 

General  Adjustments — (Class  C). 

455.  Inventory  Adjustments — (Classes  A  and  B).  * 

Charge  or  credit  to  this  account,  when  an  actual  inventory  of  materials 
and  supplies  is  taken,  the  shortages  or  overages  disclosed  by  such  in¬ 
ventory  as  compared  with  the  balance  shown  in  “123.  Materials  and 
Supplies”  account  at  the  date  of  such  inventory. 

If  materials  and  supplies  have  been  used  in  construction  as  well  as  in 
operation,  a  proper  proportion  of  such  shortages  or  overages  may  be 
debited  or  credited  to  “272.  Other  Expenditures  During  Construction” 
account. 

Inventories  of  materials  and  supplies  shall  be  taken  as  least  annually. 

450.  Discount  on  Materials  and  Supplies — (Classes  A  and  B). 

Credit  to  this  account  all  discounts  which  are  received  through  prompt 
payments  for  materials  and  supplies  consumed  in  operations  and  which 
cannot  be  applied  directly  to  the  invoice  cost  of  such  'materials  and  sup¬ 
plies. 


1)7 


Operating  Expense  Accounts. 

457.  Utility's  Natural  Gas  Used  in  Operations — (Classes  A  and  B). 

Credit  to  this  account  the  value,  determined  by  schedule  rates,  of  the 

natural  gas  that  is  produced  by  the  utility  and  is  consumed  in  its  opera¬ 
tions. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  charged  for  natural 
gas  used  in  each  functional  operation,  such  as  production,  transmission, 
etc. 

458.  Free  Municipal  Natural  Gas  Service — (Classes  A  and  B). 

Credit  to  this  account  the  amounts  charged  to  “447.  Natural  Gas 
Franchise  Requirements”  account  for  natural  gas  supplied  free  by  the 
utility  to  municipalities  under  the  terms  of  its  franchises. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  value  and  quantity  of  natural 
gas  supplied  free  to  each  municipality  for  each  use,  such  as  street  light¬ 
ing,  etc. 

Maintenance  of  General  Structures — (Classes  B  and  C). 

459.  Maintenance  of  General  Store  Structures — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  store  buildings. 

460.  Maintenance  of  General  Stable  Structures — -(Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  stables  and  buildings  appurtenant  to  them. 

401.  Maintenance  of  General  Garage  Structures — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  garages  and  buildings  appurtenant  to  them. 

4G2.  Maintenance  of  General  Shop  Structures — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  shop  buildings. 

4G3.  Maintenance  of  General  Laboratory  Structures — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  buildings  used  for  laboratory  purposes. 

4G4.  Maintenance  of  Other  General  Structures — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  structures  not  provided  for  in  any  of  the  preceding  main¬ 
tenance  accounts. 


I 


98 


Operating  Expense  Accounts. 


Maintenance  of  General  Equipment — (Classes  B  and  C). 

405.  Maintenance  of  General  Store  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  store  equipment. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  movable 
counters  and  shelves,  carts,  barrows,  trucks,  derricks,  cranes,  hoists,  other 
(loading  and  unloading  machinery,  and  other  apparatus  and  appliances 
used  in  handling  materials  and  supplies. 

400.  Maintenance  of  General  Stable  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  stable  equipment. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  harness, 
wagons,  apparatus  for  shoeing  horses  and  repairing  harness  and  vehicles, 
and  all  appliances  used  in  the  stables. 


407.  Maintenance  of  General  Garage  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  garage  equipment. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  automo¬ 
biles,  bicycles,  motorcycles,  and  other  appliances  used  in  connection  \tfith 
the  garages. 


408.  Maintenance  of  General  Shop  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  shop  equipment. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  furnaces, 
boilers,  engines,  electric  generators,  other  power  apparatus  provided  for 
operating  general  shop  machinery,  machine  tools,  cranes,  hoists,  shafting, 
belting,  smithing  equipment  other  than  that  used  for  shoeing  horses  and 
repairing  vehicles,  and  other  appliances  used  in  connection  with  the  gen¬ 
eral  shops. 


40V).  Maintenance  of  General  Laboratory  Equipment — (Class  A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  general  laboratory  equipment. 


470. 


Maintenance  of  General  Telephone  and  'Telegraph  System — (Class 


A). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  its  telephone  and  telegraph  system. 

In  the  charges  to  this  account  include  the  cost  of  repairs  to  poles,  cables, 
booths,  instruments,  and  other  equipment  permanently  assigned  to  the 
telephone  and  telegraph  lines. 


471. 


99 

Operating  Expense  Accounts. 

Maintenance  of  Other  General  Equipment — (Class  A). 

Charge  to  this  'account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  in  making  repairs 
to  that  part  of  its  general  equipment  that  is  not  provided  for  in  any  of 
the  preceding  general  maintenance  accounts. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  each  kind  of  equipment  the  cost 
of  repairing  which  is  charged  to  this  account. 


472.  Depreciation — (Classes  A  B  and  C). 

Charge  to  this  account  and  credit  to  “102.  Depreciation  of  Structures 
and  Equipment  Reserve”  account  that  amount  which  it  is  estimated  will, 
through  regular  application  over  the  life  of  the  structures  and  equipment 
of  the  utility’s  natural  gas  system,  provide  an  adequate  reserve  to  cover 
the  depreciation  accrued  upon  such  structures  and  equipment. 

473.  Extraordinary  Depreciation — (Classes  A  B  and  C). 

Charge  to  this  account  and  credit,  as  it  applies,  either  to  “132.  Property 
Abandoned”  or  “133.  Extraordinary  Casualties”  account  that  amount 
which  will,  through  regular  application,  amortize  those  losses  suffered  by 
the  utility  either  from  the  abandonment  of  its  property  or  from  extra¬ 
ordinary  casualties. 

The  utility  shall  not  amortize  any  losses  through  this  account  until  it 
obtains  the  permission  of  The  Public  Service  Commission. 


474.  Amortization  of  Franchises,  Patent  Rights  and  Licenses — (Classes  A 
B  and  C). 

Charge  to  this  account  and  credit  to  “103.  Amortization  of  Intangible 
Capital  Reserve”  account  that  amount  which,  through  regular  applica¬ 
tion,  will  provide  at  the  expiration  of  the  lives  of  the  utility’s  limited 
franchises,  patent  rights,  and  licenses,  a  reserve  equal  to  their  original 
money  cost. 


475.  Joint  Operating  Expenses  Transferred — (Classes  A  B  and  C). 

Credit  to  this  account  that  portion,  w'hich  is  chargeable  to  others,  of 
the  expenses  incurred  by  the  utility  in  operating  any  property  used  in 
natural  gas  service  for  the  joint  benefit  of  itself  and  others  under  an 
arrangement  for  apportioning  such  expenses  on  the  basis  of  the  relative 
amounts  of  benefit  to  the  several  participants. 

The  amount  credited  to  this  account  shall  not  include  any  allowance 
for  profit  or  return  upon  the  value  of  such  property. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  party  with 
whom  it  enters  into  such  an  agreement;  whether  or  not  it  controls,  is 
controlled  by  or  is  in  any  way  affiliated  with  eacli  party;  the  terms  of 
each  agreement;  the  expenses  incurred  thereunder  as  they  apply  to  each 
functional  division  of  operating  expenses  in  the  detail  provided  in  this 
classification,  the  portion  thereof  charged  to  each  party,  and  the  basis  of 
the  charge. 


100 


INDEX  TO  INCOME  ACCOUNTS 

PRESCRIBED  FOR  CLASSES  A  B  AND  C  NATURAL  GAS  UTILITIES. 

III.  NON  OPERATING  REVENUE  ACCOUNTS. 


Account 


Number. 

Name  of  Account. 

Class. 

Page. 

500. 

Merchandise  Sales  . 

A 

B 

C 

103 

501. 

Jobbing  Work  Revenue  . 

A 

B 

C 

103 

Rent  Revenues  . 

C 

103 

502 . 

Rents  from  Lease  of  Natural  Gas  System 

Properties . 

A 

B 

103 

Other  Rent  Revenues  . 

B 

103 

503. 

Rents  from  Lease  of  Other  Properties  . . . 

A 

103 

504 . 

Joint  Facility  Rent . 

A 

104 

Interest  Revenues  . 

B 

C 

104 

OOi  )  • 

Interest  from  Investment  Securities . 

A 

104 

500. 

Interest  from  Other  Sources  . 

A 

101 

507 . 

Dividends  on  Investment  Securities . 

A 

B 

C 

104 

Sinking  and  Other  Reserve  Fund  Revenues  . . . 

C 

105 

50S. 

Sinking  Fund  Revenues  . 

A 

B 

105 

509. 

Insurance  and  Other  Reserve  Fund  Revenues 

A 

B 

105 

510. 

Profit  from  Operations  of  Others . 

A 

B 

c 

105 

511. 

Sub  Utility  Revenues  . 

A 

B 

c 

100 

512. 

Oil  Revenue  . 

A 

B 

c 

100 

513. 

Gasoline  Revenue  . 

A 

B 

c 

100 

514. 

Other  Non  Operating  Revenues  . 

A 

B 

c 

100 

101 


INDEX  TO  INCOME  ACCOUNTS 
PRESCRIBED  FOR  “CLASS  B”  NATURAL  GAS  UTILITIES. 

III.  NON  OPERATING  REVENUE  ACCOUNTS. 


* 

Account 

Number.  Name  of  Account.  Page. 

500.  Merchandise  Sales  .  103 

501.  Jobbing  Work  Revenue  .  103 

502.  Rents  from  Lease  of  Natural  Gas  System  Properties....  103 

503-504.  Other  Rent  Revenues  .  103 

505-506.  Interest  Revenues  .  104 

507.  Dividends  on  Investment  Securities  .  104 

508.  Sinking  Fund  Revenues  .  105 

509.  Insurance  and  Other  Reserve  Fund  Revenues .  105 

510.  Profit  from  Operations  of  Ojhers .  105 

511.  Sub  Utility  Revenues  .  106 

512.  Oil  Revenue  . * .  106 

513.  Gasoline  Revenue  .  106 

514.  Other  Non  Operating  Revenues  .  106 


102 


INDEX  TO  INCOME  ACCOUNTS 

V. 

PRESCRIBED  FOR  “CLASS  C”  NATURAL  GAS  UTILITIES. 

III.  NON  OPERATING  REVENUE  ACCOUNTS. 

Account 

Number.  Name  of  Account.  Page. 

500.  Merchandise  Sales  . .' .  103 

501.  Jobbing  Work  Revenue .  103 

502-504.  Rent  Revenues  .  103 

505-500.  Interest  Revenues  .  104 

507.  Dividends  on  Investment  Securities  .  104 

508-500.  Sinking  and  Other  Reserve  Fund  Revenues .  105 

510.  Profit  from  Operations  of  Others .  105 

511.  Sub  Utility  Revenues  .  106 

512.  Oil  Revenue  . \. .  100 

513.  Gasoline  Revenue  . .  100 

514.  Other  Non  Operating  Revenues  .  100 


I 


-5 


loa 


TEXT  EXPLANATORY  OF  INCOME  ACCOUNTS. 

III.  NON  OPERATING  REVENUE  ACCOUNTS. 

Credit  to  the  appropriate  numbered  accounts  listed  under  this  caption 
or  to  the  appropriate  subcaptions  under  which  such  numbered  accounts 
are  listed  the  amounts  earned  by  the  utility  from  sources  other  than  the 
operation  of  its  natural  gas  system. 

These  subcaptions  as  well  as  the  numbered  accounts  listed  under  them 
are  account  titles.  The  letter,  or  letters,  after  each  subcaption  or  num¬ 
bered  account  indicates  the  class  of  the  utility  that  is  required  to  keep 
the  account  title  prefixed  thereto. 


500.  Merchandise  Sales — (Classes  A  B  and  C). 

Credit  to  this  account  the  amount  earned  by  the  utility  from  its  sales 
of  such  natural  gas  appliances  as  lamps,  irons,  stoves,  heaters,  etc. 

501.  Jobbing  Work  Revenue — (Classes  A  B  and  C). 

Credit  to  this  account  and  charge  to  “121.  Other  Accounts  Receivable*’ 
account  the  amount  earned  by  the  utility  from  such  services  performed 
for  its  consumers,  or  others,  as  piping  premises,  connecting  and  discon¬ 
necting  house  piping  and  natural  gas  fixtures,  relocating  piping  and  gas 
fitting  and  fixture  work. 


Rent  Revenues — (Class  C). 


502. 


Rents  from  Lease  of  Natural  Gas  System  Properties — (Classes  A 
and  B). 

Credit  to  this  account  the  rental  earned  by  the  utility  from  land,  struct¬ 
ures,  or  equipment  of  the  natural  gas  system  which  is  owned  by  the 
utility  or  held  by  it  under  lease  and  which  in  turn  is  leased  by  it  to 
others  and  is.  during  the  period  of  such  lease,  subject  to  their  exclusive 
control. 


The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  purpose  for  which  each 
item  of  natural  gas  system  property  is  leased  by  the  utility  to  others, 
the  name  of  the  lessees,  the  rental  consideration,  the  duration  of  the 
lease,  whether  or  not  the  utility  controls,  is  controlled  by.  or  is  in  any 
way  affiliated  with  the  lessees. 


Other  Rent  Revenues — (Class  B). 

503.  Rents  from  Lease  of  Other  Properties — ( Class  A). 

Credit  to  this  account  the  rental  earned  by  the  utility  from  land,  struct¬ 
ures,  or  equipment  not  used  in  the  natural  gas  system,  which  is  owned 
by  the  utility  or  held  by  it  under  lease  and  which  in  turn  is  rented  by 
the  utility  to  others  under  lease  or  otherwise. 

The  records  supporting  the  entries  to  this  account  shall  he  so  kept  that 
the  utility  can  furnish  information  as  to  the  purpose  for  which  each  item 
of  property  is  rented  to  others,  to  whom  it  is  rented,  the  period  for  which 
it  is  rented,  and  the  consideration. 


104 


Non  Operating  Revenue  Accounts. 

504.  Joint  Facility  Rent — (Class  A). 

Credit  to  this  account  the  amount  of  joint  facility  rent  which  the 
utility  receives  from  others  on  its  natural  gas  system  properties  main¬ 
tained  and  operated  by  it  for  the  joint  benefit  of  itself  and  others  under 
a  joint  agreement  for  sharing  the  expenses  of  operating  such  property 
on  a  basis  of  the  relative  amounts  of  benefits  received  by  the  participants. 

By  joint  facility  rent  on  such  property  is  meant  the  amount  of  rent, 
profit,  or  return  thereon  which  t'he  utility  receives  from  others  in  addi¬ 
tion  to  their  portion  of  the  expenses  of  operating  such  properties. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  party  with 
whom  it  enters  into  such  an  agreement;  whether  or  not  it  controls,  is 
controlled  by,  or  is  in  any  way  affiliated  with  each  party;  the  terms  of 
each  agreement;  the  amount  of  rent  received  thereon  and  the  calculation 
thereof. 

Interest  Revenues — (Classes  B  and  C). 

505.  Interest  from  Investment  Securities — (Class  A). 

Credit  to  this  account  the  interest  earned  on  all  interest  bearing  secu¬ 
rities  owned  by  the  utility  and  carried  in  “106.  Investment  Securities” 
account. 

Interest  is  earned  either  when  it  has  been  actually  collected  or  when 
it  has  accrued  and  the  collection  of  it  is  reasonably  assured  either  by 
past  experience,  guaranty,  or  otherwise. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  issuer  of 
interest  bearing  securities  held  by  the  utility;  whether  or  not  such  issuer 
controls,  is  controlled  by,  or  is  in  any  way  affiliated  with  the  utility;  the 
dates  of  issue  and  maturity  of  such  securities;  the  par  value  thereof,  rate 
of  interest,  and  the  amount  of  interest  earned  on  the  securities  of  each 
issuer. 

506.  Interest  from  Other  Sources — (Class  A). 

Credit  to  this  account  the  amount  of  interest  earned  on  all  interest 
bearing  assets  of  the  utility  except  those  provided  for  in  “106.  Invest¬ 
ment  Securities”  account. 

Interest  is  earned  either  when  it  has  been  actually  collected  or  when  it 
has  accrued  and  the  collection  of  it  is  reasonably  assured  either  by  past 
experience,  guaranty,  or  otherwise. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  of  interest  bearing 
debt,  the  interest  on  which  is  applicable  to  this  account,  owed  to  the 
utility;  the  name  of  each  debtor  and  the  age  of  his  debt;  the  rate  and 
amount  of  interest  earned  on  such  debt;  whether  or  not  such  debtor  con¬ 
trols,  is  controlled  by,  or  is  in  any  way  affiliated  with  the  utility. 

507.  Dividends  on  Investment  Securities — (Classes  A  B  and  C). 

Credit  to  this  account  at  their  cash  value  all  dividends  received  upon 
stocks  held  by  the  utility  and  carried  in  “106.  Investment  Securities” 
account. 


<r 


.105 


Non  Operating  Revenue  Accounts. 

The  records  supporting  tlie  entries  to  this  account  shall  he  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  issuer  of  stock 
held  by  the  utility  upon  which  dividends  were  received;  whether  or  not 
such  issuer  controls,  is  controlled  by,  or  is  in  any  way  affiliated  with  the 
utility;  the  par  value  of  such  stock;  the  rate  and  the  amount  of  dividend 
received  thereon;  the  date  it  was  declared  and  when  it  was  received. 

Sinking  and  Other  Reserve  Fund  Revenues — (Class  C). 

50S.  Sinking  Fund  Revenues — (Classes  A  and  B). 

Credit  to  this  account  the  amount  earned  on  cash,  securities,  or  other 
assets  carried  by  the  utility  in  “112.  Sinking  Fund  Assets”  account. 

Exclude  from  this  account  any  interest  or  dividends  on  securities,  issued 
or  assumed  by  the  utility  and  held  in  “112.  Sinking  Fund  Assets”  ac¬ 
count. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  eac±i  kind  of  assets,  from  which 
revenue  is  derived,  carried  in  “112.  Sinking  Fund  Assets”  account;  the 
face  or  par  value  of  each  kind  of  assets  and  the  rate  and  amount  of 
interest  or  dividends  thereon;  the  name  of  each  issuer  of  securities  car¬ 
ried  among  such  assets;  whether  or  not  such  issuer  controls,  is  controlled 
by,  or  is  in  any  was  affiliated  with  the  utility. 

509.  Insurance  and  Other  Reserve  Fund  Revenues — (Classes  A  and  B). 

Credit  to  this  account  the  amount  earned  on  cash,  securities,  or  other 

assets  carried  by  the  utility  in  “113.  Insurance  and  Other  Reserve  Fund 
Assets”  account. 

Exclude  from  this  account  any  interest  or  dividends  on  securities  issued 
or  assumed  by  the  utility  and  held  in  “113.  Insurance  and  Other  Reserve 
Fund  Assets”  account. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  each  kind  of  asset,  from  which 
revenue  is  derived,  carried  in  “113.  Insurance  and  Other  Reserve  Fund 
Assets”  account;  the  face  or  par  value  of  each  kind  of  asset,  and  the  rate 
and  amount  of  interest  or  dividends  thereon;  the  name  of  each  issuer 
of  securities  carried  among  such  assets;  whether  or  not  such  issuer  con¬ 
trols,  is  controlled  by,  or  is  in  any  way  affiliated  with  the  utility. 

510.  Profit  from  Operations  of  Others— -(Classes  A  B  and  C). 

Credit  to  this  account  that  portion  of  the  profits  made  by  others  in  the 
operations  of  their  properties  to  which  the  utility  is  entitled  by  con¬ 
tractual  agreement. 

Exclude  from  this  account  dividends  or  other  returns  upon  securities 
and  interest  upon  construction  advances  and  other  loans. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  for  each  contract  information  as  to  the  name  of 
each  party  with  whom  the  utility  enters  into  such  contract;  the  nature 
of  his  operations  and  the  description  and  location  of  the  property  operated 
by  him;  the  total  amount  of  profits  made  in  his  operations  and  the  por¬ 
tion  thereof  to  which  the  utility  is  entitled. 


100 


% 


Non  Operating  Revenue  Accounts. 

511.  Sub  Utility  Revenues — (Classes  A  B  and  C). 

Credit  to  this  account  the  amount  received  by  the  utility  from  the 
operation  of  that  portion  of  its  property  that  is  used  in  public  services 
other  than  natural  gas. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  of  revenue  received 
from  the  operations  of  each  sub  utility. 

512.  Oil  Revenue — (Classes  A  B  and  C). 

Credit  to  this  account  the  amount  earned  by  the  utility  from  its  sales 
of  oil. 

513.  Gasoline  Revenue — (Classes  A  B  and  C). 

Credit  to  this  account  the  amount  earned  by  the  utility  from  its  sales 
of  gasoline. 

514.  Otiiek  Xon  Operating  Revenues — (Classes  A  B  and  C). 

Credit  to  this  account  the  amounts  not  provided  for  elsewhere,  earned 
by  the  utility  from  non  operating  sources. 


107 


INDEX  TO  INCOME  ACCOUNTS 

PRESCRIBED  FOR  CLASSES  A  B  AND  C  NATURAL  GAS  UTILITIES. 

IV.  NON  OPERATING  EXPENSE  ACCOUNTS. 


Account 


Number. 

Name  of  Account. 

Class. 

Page. 

550. 

Merchandise  Sales  Expense  . 

A 

B 

C 

110 

«.)ol  • 

Jobbing  Work  Expense  . 

A 

B 

c 

110 

Rent  Expense  . 

c 

110 

552. 

Lease  of  Natural  Gas  System  Properties  Ex- 

pense  . 

A 

B 

110 

553 . 

Lease  of  Other  Properties  Expense . 

A 

B 

110 

554 . 

Interest  Expense . 

A 

B 

c 

.  110 

555 . 

Dividend  Expense  . 

A 

B 

c 

111 

550 . 

Expense  of  Procuring  Profits  from  Operations 

of  Others  . 

A 

B 

c 

111 

5o  ( • 

Sub  Utility  Expenses  . 

A 

B 

c 

111 

558. 

Non  Operating  Taxes  . 

A 

B 

c 

111 

551)  • 

Uncollectible  Non  Operating  Revenues . 

A 

B 

c 

111 

500. 

Oil  Expense  . 

A 

B 

c 

112 

501 . 

Gasoline  Expense  . 

A 

B 

c 

112 

502. 

Other  Non  Operating  Expense  . 

A 

B 

c 

112 

108 


INDEX  TO  INCOME  ACCOUNTS 
PRESCRIBED  FOR  “CLASS  B”  NATURAL  GAS  UTILITIES. 

IV.  NON  OPERATING  EXPENSE  ACCOUNTS. 


Account 

Number.  Name  of  Account.  Page. 

550.  Merchandise  Sales  Expense .  110 

551.  Jobbing  Work  Expense  .  110 

552.  Lease  of  Natural  Gas  System  Properties  Expense .  110 

553.  Lease  of  Other  Properties  Expense  .  110 

554.  Interest  Expense  .  110 

555.  Dividend  Expense  .  Ill 

55?>.  Expense  of  Procuring  Profits  from  Operations  of  Others  111 

557.  Sub  Utility  Expenses  .  Ill 

558.  Non  Operating  Taxes  . Ill 

559.  Uncollectible  Non  Operating  Revenues  .  Ill 

560.  Oil  Expense  .  112 

561.  Gasoline  Expense  .  112 

562.  Other  Non  Operating  Expense  .  112 


1  '* 


I 


INDEX  TO  INCOME  ACCOUNTS 


PRESCRIBED  FOR  “CLASS  C”  NATURAL  GAS  UTILITIES. 


Account 

Number. 

550 . 

551 . 
552-553. 

<)o4 . 
555 . 
550 . 

557 . 

558 . 

559. 

500. 

501 . 

502. 


IV.  NON  OPERATING  EXPENSE  ACCOUNTS. 

I  »  ,  ' 

Name  of  Account. 

Merchandise  Sales  Expense  . 

Jobbing  Work  Expense  . 

Rent  Expense  . 

Interest  Expense  . 

Dividend  Expense  . 

Expense  of  Procuring  Profits  from  Operations  of  Others 

Sub  Utility  Expenses  . 

Non  Operating  Taxes  . 

Uncollectible  Non  Operating  Revenues  . . 

Oil  Expense  . . 

Gasoline  Expense  . 

Other  Non  Operating  Expense  . 


■  ,-T - , 

| 

Page. 

110 

110 

110 

110 

111 

111 

111 

111 

111 

112 

112 

112 


no 


TEXT  EXPLANATORY  OF  INCOME  ACCOUNTS. 

IV.  NON  OPERATING  EXPENSE  ACCOUNTS. 

Charge  to  the  appropriate  numbered  accounts  listed  under  this  caption 
or  to  the  appropriate  subcaptions  under  which  such  numbered  accounts 
are  listed,  the  amounts  of  non  operating  expenses  incurred  by  the  utility. 

These  subcaptions  as  well  as  the  numbered  accounts  listed  under  them 
are  account  titles.  The  letter,  or  letters,  after  each  subcaption  or  num¬ 
bered  account  indicates  the  class  of  the  utility  that  is  required  to  keep 
the  account  title  prefixed  thereto. 

550.  Merchandise  Sales  Expense — (Classes  A  B  and  C). 

Charge  to  this  account  the  cost  to  the  utility  of  such  natural  gas 
appliances  sold  by  it  as  lamps,  irons,  stoves,  heaters,  etc.,  also  all  expenses 
incurred  by  it  in  selling  such  appliances. 

551:  Jobbing  Work  Expense — (Classes  A  B  and  C). 

Charge  to  this  account  the  cost  of  labor  employed,  materials  and  sup¬ 
plies  consumed,  and  expenses  incurred  by  the  utility  on  jobbing  work 
which  it  does  for  its  consumers  and  others  and  for  which  it  charges  them. 

In  the  charges  to  this  account  include  such  work  as  piping  premises, 
connecting  and  disconnecting  house  piping  and  natural  gas  fixtures  and 
performing  like  services. 

Rent  Expense — (Class  C). 

552.  Lease  of  Natural  Gas  System  Properties  Expense — (Classes  A  and  B). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  in  connec¬ 
tion  with  its  natural  gas  system  properties  leased  to  others. 

In  the  charges  to  this  account  include  commissions  and  fees;  the  cost 
of  advertising  and  other  expense  of  procuring  tenants,  drawing  contracts 
and  leases,  collecting  or  enforcing  payment  of  rent,  ousting  tenants,  re¬ 
pairs  borne  by  the  utility,  and  all  other  necessary  expenses  except  taxes. 

553.  Lease  of  Other  Properties  Expense — (Classes  A  and  B). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  in  connec¬ 
tion  with  its  properties,  other  than  those  used  in  the  natural  gas  system 
leased  to  others. 

In  the  charges  to  this  account  include  commissions  and  fees;  cost  of 
advertising  and  other  expenses  of  procuring  tenants,  drawing  contracts 
and  leases,  collecting  or  enforcing  payment  of  rent,  ousting  tenants,  re¬ 
pairs  borne  by  the  utility,  and  all  other  necessary  expenses  except  taxes. 

r 

554.  Interest  Expense — (Classes  A  B  and  C). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  in  procuring 
interest  due  on  its  investment  securities,  short  term  notes,  deposits,  and 
all  other  interest  bearing  assets  except  those  carried  in  sinking  and  other 
reserve  funds. 

In  the  charges  to  this  account  include  the  cost  of  collecting  interest, 
investigating  delay  in  and  enforcing  the  payment  of  interest,  and  all 
other  expenses  chargeable  against  the  interest  revenue  of  the  utility 
except  taxes. 


Ill 


Non  Operating  Expense  Accounts. 

5.".  Dividend  Expense — (Classes  A  B  and  C). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  in  procuring 
dividends  on  the  stocks  of  other  corporations  owned  by  it. 

In  the  charges  to  this  account  include  the  cost  of  investigating  the 
affaiis  of  such  corporations  either  for  the  purpose  of  detecting  misman¬ 
agement,  or  inducing  the  declaration  of  dividends,  or  enforcing  payment 
of  dividends  when  declared;  and  all  other  necessary  expenses  except  taxes 
assessed  against  such  dividends. 

S' 

550.  Expense  of  Procuring  Profits  from  Operations  of  Others — (Classes  A 
B  and  C). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  in  procuring 
profits  from  the  operations  of  others. 

In  the  charges  to  this  account  include  the  cost  of  negotiating  contracts 
which  entitle  the  utility  to  share  in  the  profits  from  other’s  operations, 
modifying  or  cancelling  such  contracts,  collecting  the  utility’s  portion 
of  such  profits,  and  all  other  necessary  expenses  incurred  in  acquiring 
these  profits. 

557.  Sub  Utility  Expenses — (Classes  A  B  and  C). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  in  the  opera¬ 
tion  of  that  portion  of  its  property  that  is  used  in  public  services  other 
than  natural  gas. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  of  expenses  incurred 
in  the  operation  of  each  sub  utility. 

55S.  Non  Operating  Taxes — (Classes  A  B  and  C). 

Charge  to  this  account  and  credit  to  ”175.  Taxes  Accrued”  account  the 
amount  of  taxes  payable  by  the  utility  that  have  accrued  upon  its  prop¬ 
erty  not  used  in  the  conduct  of  its  natural  gas  operations,  anti  the  amount 
of  all  other  taxes  that  have  accrued  and  are  chargeable  against  its  non 
operating  revenues. 

559.  Uncollectible  Non  Operating  Revenues — (Classes  A  B  and  C). 

Charge  to  this  account  and  credit  to  the  asset  account,  to  which  it  was 
previously  charged,  the  amount  of  any  revenue  that  has  been  credited 
to  any  of  the  non  operating  revenue  accounts  during  the  current  year 
and  has  proved  to  be  uncollectible. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  debtor  whose 
uncollectible  account  has  been  charged  to  this  account;  the  reason  and 
authority  for  making  each  charge  to  this  account;  the  nature,  age,  and 
amount  of  each  account  chargeable  hereto. 


112 


Non  Operating  Expense  Accounts. 

5C0.  Oil  Expense — (Glasses  A  B  and  C). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  in  the  pro¬ 
duction  of  oil. 

561.  Gasoline  Expense — (Classes  A  B  and  C). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  in  the  pro¬ 
duction  of  gasoline. 

562.  Other  Non  Operating  Expense — (Classes  A  B  and  C). 

Charge  to  this  account  all  non  operating  expenses  which  are  not  pro¬ 
vided  for  in  any  of  the  other  non  operating  expense  accounts. 


113 


INDEX  TO  INCOME  ACCOUNTS 

PRESCRIBED  FOR  CLASSES  A  B  AND  C  NATURAL  GAS  UTILITIES. 

V.  GROSS  INCOME  DEDUCTION  ACCOUNTS. 


Account 


Number. 

Name  of  Account. 

Class. 

Page. 

Rent  Deductions  . 

C 

116 

600. 

Rent  for  Lease  of  Natural  Gas  System  Prop- 

ERTIES  . 

A 

B 

116 

601. 

Joint  Facility  Rent . 

A 

B 

116 

602. 

Other  Rent  Deductions . 

A 

B 

116 

Interest  Deductions  . 

C 

117 

603. 

Interest  Accrued  on  Funded  Debt . 

A 

B 

117 

604. 

Interest  Accrued  on  Unfunded  Debt . 

A 

B 

117 

Contractual  Deductions  from  Income . 

C 

117 

605. 

Guaranties  of  Periodic  Payments . 

A 

B 

117 

606. 

Loss  on  Operations  of  Others  . 

A 

B 

117 

607. 

Other  Contractual  Deductions  from  Income 

A 

B 

ns 

Amortization  Deductions  . 

C 

ns 

60S. 

Amortization  of  Debt  Discount  and  Expense 

A 

B 

118 

609. 

Amortization  of  Intangible  Landed  Capital 

A 

B 

ns 

610. 

Other  Deductions  from  Income  . 

A 

B 

C 

119 

611. 

Amortization  of  Premium  on  Debt  . 

•A 

B 

C 

119 

S 


114 


INDEX  TO  INCOME  ACCOUNTS 
PRESCRIBED  FOR  “CLASS  B”  NATURAL  GAS  UTILITIES. 

V.  GROSS  INCOME  DEDUCTION  ACCOUNTS. 

Account 

Number.  .  Name  of  Account.  Page. 

(iOO.  Rent  eor  Lease  of  Natural  Gas  System  Properties .  116 

601.  Joint  Facility  Rent .  116 

602.  Other  Rent  Deductions  .  116 

603.  Interest  Accrued  on  Funded  Debt  .  117 

604.  Interest  Accrued  on  Unfunded  Debt  . 117 

605.  Guaranties  of  Periodic  Payments  .  117 

606.  Loss  on  Operations  of  Others  .  117 

607.  Other  Contractual  Deductions  from  Income  .  118 

60S.  Amortization  of  Debt  Discount  and  Expense .  118 

609.  Amortization  of  Intangible  Landed  Capital .  118 

610.  Other  Deductions  from  Income . ' .  119 

611 .  Amortization  of  Premium  on  Debt .  119 


* 


\ 


115 


INDEX  TO  INCOME  ACCOUNTS 
PRESCRIBED  FOR  “CLASS  C”  NATURAL  GAS  UTILITIES. 

V.  GROSS  INCOME  DEDUCTION  ACCOUNTS. 

Account 

Number.  Name  of  Account.  Page. 

600-602.  Rent  Deductions .  116 

603-604.  Interest  Deductions  . 117 

605-607.  Contractual  Deductions  from  Income .  117 

608-609.  Amortization  Deductions .  118 

610.  Other  Deductions  from  Income .  119 

Oil.  Amortization  of  Premium  on  Debt  .  119 


i 


✓ 


no 


TEXT  EXPLANATORY  OF  INCOME  ACCOUNTS. 

V.  GROSS  INCOME  DEDUCTION  ACCOUNTS. 

Rent  Deductions — (Class  C). 

000.  Rent  for  Lease  of  Natural  Gas  System  Properties — (Classes  A 
and  B). 

Charge  to  this  account  and  credit  to  “176.  Other  Accrued  Liabilities” 
account  the  amount  that  accrues  during  each  accounting  period  on  the 
natural  gas  system  properties  of  others  held  and  operated  by  the  utility 
under  a  form  of  lease  whereby  it  enjoys  the  exclusive  use  and.  possession 
of  isuch  properties. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  for  each  lease  information  as  to  the  name  of  the 
lessor,  the  kind  of  property  leased  by  him,  and  the  utility  function  that 
it  performs;  the  terms  and  the  period  of  the  lease  and  the  amount  of 
rent  payable  thereunder;  whether  such  lessor  controls,  is  controlled  by, 
or  is  in  any  way  affiliated  with  the  utility;  whether  the  rent  is  payable 
in  cash,  or  is  disbursed  by  the  utility  for  the  lessor  as  interest  on  funded 
debt,  guaranteed  dividends  on  stocks  or  otherwise. 

601.  Joint  Facility  Rent — (Classes  A  and  B). 

Charge  to  this  account  the  amount  of  joint  facility  rent  which  the 
utility  pays  to  others  on  their  natural  gas  system  properties  maintained 
and  operated  by  them  for  the  joint  benefit  of  themselves  and  the  utility 
under  a  joint  agreement  for  sharing  the  expenses  of  operating  such  prop¬ 
erty  on  a  basis  of  the  relative  amounts  of  benefit  received  by  the  par¬ 
ticipants. 

By  joint  facility  rent  on  such  property  is  meant  the  amount  of  rent, 
profit,  or  return  thereon  which  the  utility  pays  to  others  in  addition  to 
its  portion  of  the  expenses  of  operating  such  property. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  party  with 
whom  it  enters  into  such  an  agreement;  whether  or  not  the  utility  con¬ 
trols,  is  controlled  by,  or  is  in  any  way  affiliated  with  each  party;  the 
terms  of  each  agreement;  the  amount  of  rent  paid  thereon  and  how  this 
amount  was  determined. 

G02.  Other  Rent  Deductions — (Classes  A  and  B). 

Charge  to  this  account  and  credit  to  “376.  Other  Accrued  Liabilities” 
account  the  amount  of  rent,  not  provided  for  elsewhere,  that  accrues 
during  each  accounting  period  on  property  of  others  used  by  the  utility. 

Exclude  from  this  account  rent  provided  for  in  “379.  Transmission 
System  Rent”,  397.  Distribution  System  Rent”,  and  “431.  General 
Office  Rent”. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  party  to  whom 
the  rent  chargeable  to  this  account  is  paid;  the  kind  of  property  rented 
from  him,  the  purpose  for  Avhich  it  is  used  by  the  utility,  and  the  amount 
of  rent  payable  thereon;  whether  such  party  controls,  is  controlled  by, 
or  is  in  any  way  affiliated  with  the  utility. 


117 


Gross  Income  Deduction  Accounts. 

Interest  Deductions — (Class  C). 

003.  Interest  Accrued  on  Funded  Debt — (Classes  A  and  B). 

Charge  to  this  account  and  credit  to  “173.  Unmatured  Interest  Ac¬ 
crued  on  Funded  Debt”  account,  the  amount  of  interest  that  accrues 
during  each  accounting  period  upon  the  funded  indebtedness  of  the  utility. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  amount  of  interest 
accrued  during  each  accounting  period  upon  each  class  of  bonds  issued 
by  the  utility,  each  real  estate  mortgage,  advances  from  affiliated  com¬ 
panies  for  construction,  equipment,  additions  and  betterments,  and  each 
*  item  of  other  funded  debt;  the  rate  of  interest  and  the  principal  of  each 

of  the  above  items  of  funded  debt  upon  which  each  charge  to  this 
account  was  calculated;  and  the  date  upon  which  each  item  of  such  debt 
was  incurred  and  the  date  when  it  is  payable. 

A 

<‘04.  Interest  Accrued  on  Unfundp:d  Debt — (Glasses  A  and  B). 

Charge  to  this  account  and  credit  to  “174.  Unmatured  Interest  Accrued 
on  Unfunded  Debt”  account,  the  amount  of  interest  that  accrues  during 
each  accounting  period  upon  all  unfunded  debt  of  the  utility. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  nature  of  each  item 
of  unfunded  debt  the  interest  on  which  is  chargeable  to  this  account,  the 
principal  thereof,  the  rate  of  interest,  the  amount  of  interest  accrued 
thereon  during  each  accounting  period,  the  name  of  each  party  to  whom 
such  debt  is  owed,  and  the  dates  on  which  it  was  incurred  and  is  payable. 

Contractual  Deductions  from  Income — (Class  C). 

605.  Guaranties  of  Periodic  Payments — (Classes  A  and  B). 

Charge  to  this  account  as  they  become  liabilities,  the  amounts  of  all 
obligations  incurred  by  the  utility  under  contracts  in  which  it  has  guar¬ 
anteed  to  make  annual  or  more  frequent  payments  of  money  owed  by 
others  or  to  discharge  other  obligations  assumed  by  them  in  case  they 
default.  The  guaranties  of  such  payments  and  other  obligations  become 
actual  liabilities  of  the  utility  when  those  whose  duty  it  is  to  make  such 
payments  or  discharge  such  obligations  fail  to  fulfill  their  duties. 

Exclude  from  this  account  all  amounts  for  which  the  utility  becomes 
liable  as  a  result  of  its  guaranties  of  the  payment  of  the  principal  of  the 
funded  debt  of  others,  and  also  all  other  obligations  in  the  guaranteeing 
of  which  the  utility  has  required  sufficient  security  to  protect  it  against 
any  loss  therefrom. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  name  and  amount  of 
each  obligation  which  is  chargeable  to  this  account,  the  purpose  for 
which  such  obligation  was  guaranteed  by  the  utility,  whether  those, 
whose  obligations  are  guaranteed,  control,  are  controlled  by  or  are  in 
any  way  affiliated  with  the  utility. 

606.  Loss  on  Operations  of  Others — (Classes  A  and  B). 

Charge  to  this  account  the  amount  which  the  utility  by  contractual 
agreement  is  obliged  to  contribute  to  reimburse  others  for  losses  which 
result  from  their  operations. 


/ 


118 


Gross  Income  Deduction  Accounts. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  for  each  contract  information  as  to  the  name 
of  each  party  with  whom  the  utility  has  entered  into  such  a  contract, 
the  nature  of  his  operations  and  the  location  of  the  property  operated 
by  him,  the  total  amount  of  loss  suffered  from  his  operations,  the  portion 
of  it  charged  to  the  utility,  and  the  basis  upon  which  such  charge  was 
made. 


COT. 


Other  Contractual  Deductions  from  Income — (Classes  A  and  B). 

Charge  to  this  account  as  they  accrue  and  become  liabilities  of  the 
utility,  the  amounts  of  all  obligations  which  are  incurred  by  the  utility 
under  contracts  and  which  are  not  provided  for  elsewhere.  This  account 
includes  only  those  items  that  are  chargeable  to  income  and  does  not 
include  any  liabilities  for  purchases. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
fnat  the  utility  can  furnish  information  as  to  the  nature  and  amount  of 
each  charge  to  this  account. 


Amortization  Deductions — (Class  C). 

008.  Amortization  of  Debt  Discount  and  Expense — (Classes  A  and  B). 

Charge,  at  or  before  the  close  of  each  fiscal  period,  to  this  account  and 
credit  to  “131.  Unamortized  Debt  Discount  and  Expense”  account  that 
proportion  of  the  unextinguished  discount  and  expense  of  the  utility 
which  is  applicable  thereto. 

The  charge  for  each  fiscal  period  shall  be  such  an  amount  that  it  will, 
through  regular  application  during  the  period  from  the  date  of  the  sale  to 
the  date  of  maturity  of  the  evidences  of  indebtedness  upon  which  the 
discount  and  expense  was  incurred,  completely  extinguish  such  discount 
and  expense. 

The  utility  may  amortize  its  debt  discount  and  expense  sooner  by 
charging  all  or  part  of  it,  either  at  the  time  of  the  issue  of  the  debt  to 
which  it  applies  or  later,  to  “Til.  Other  Deductions  From  Surplus” 
account. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  amount  of  debt  discount 
and  expense  charged  to  this  account  during  each  fiscal  period  for  each 
class  of  its  funded  debt,  the  date  of  issue  and  maturity  of  the  debt  to 
which  such  discount  applies,  and  the  method  whereby  charges  to  this 
account  are  determined. 


<>09.  Amortization  of  Intangible  Landed  Capital — (Classes  A  and  B). 

Charge  to  this  account  and  credit  to  “103.  Amortization  of  Intangible 
Capital  Reserve”  account  that  amount  which,  through  application,  will 
provide  at  the  expiration  of  the  lives  of  the  utlity’s  limited  rights  of  way, 
leaseholds,  etc.,  a  reserve  equal  to  their  original  money  cost. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  amount  charged  to  this 
account  during  each  fiscal  period  for  each  item  of  intangible  landed 
capital,  the  date  when  such  intangible  landed  capital  was  acquired  and 
the  date  when  its  life  expires,  and  the  method  by  which  the  charges  to 
this  account  were  determined. 

\ 


11!) 


Gross  Income  Deduction  Accounts. 

OH).  Other  Deductions  from  Income — (Classes  A  B  and  C). 

Charge  to  this  account  all  those  amounts  that  are  deducted  from  the 
income  of  the  utility  and  are  not  provided  for  elsewhere. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  nature  and  amount  of 
each  different  charge  to  this  account  and  the  name  of  the  account  that 
is  credited  when  this  account  is  charged. 

(ill.  Amortization  of  Premium  on  Debt — (Classes  A  B  and  C). 

Credit  at  or  before  the  dose  of  each  fiscal  period,  to  this  account  and 
charge  to  “177.  Unamortized  Premium  on  Debt”  account  such  a  proportion 
of  the  premium  as  is  based  upon  the  life  of  the  debt  upon  which  the 
premium  was  received  from  the  date  of  its  issue  to  the  date  of  its  ma¬ 
turity. 

If  the  utility  elects  not  to  extinguish  its  premium  until  the  debt  to 
which  it  is  applicable  is  retired  or  matures,  it  shall  credit  to  this  account 
that  portion  of  the  premium  that  is  applicable  to  the  year  in  which  the 
debt  is  retired  or  matures  and  it  shall  credit  the  balance  of  the  premium 
to  “702.  Other  Additions  to  Surplus”  account. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  amount  of  premium 
credited  to  this  account  during  each  fiscal  period  for  each  class  of  the 
utility's  debt,  and  the  dates  of  issue  and  maturity  of  each  class  of  such 
debt. 


120 


INDEX  TO  INCOME  ACCOUNTS 

PRESCRIBED  FOR  CLASSES  A  B  AND  C  NATURAL  GAS  UTILITIES. 
NET  INCOME  AND  NET  INCOME  APPROPRIATION  ACCOUNTS. 
Account 

Number.  Name  of  Account.  Class.  Page. 

m 

VI.  NET  INCOME  OR  LOSS  ACCOUNT. 

G25.  Profit  and  Loss — Current  Year .  A  B  C  123 


VII.  NET  INCOME  APPROPRIATION 

ACCOUNTS. 


Net  Income  Appropriated  for  Reserve  Funds.  . . 

C 

123 

650. 

Net  Income  Appropriated  for  Sinking  Funds 

A 

B 

123 

651 . 

Net  Income  Appropriated  for  Other  Reserve  . 

Funds  . 

A 

B 

124 

652. 

Net  Income  Appropriated  for  Dividends . 

A 

B 

C 

124 

653 . 

Net  Income  Appropriated  for  Investment  in 

Fixed  Capital  . 

A 

B 

C 

124 

INDEX  TO  INCOME  ACCOUNTS 
PRESCRIBED  FOR  “CLASS  B”  NATURAL  GAS  UTILITIES. 

NET  INCOME  AND  NET  INCOME  APPROPRIATION  ACCOUNTS. 
Account 

Number.  Name  of  Account.  Page. 

VI.  NET  INCOME  OR  LOSS  ACCOUNT. 

625.  Profit  and  Loss — Current  Year  .  123 

VII.  NET  INCOME  APPROPRIATION 

ACCOUNTS. 

650.  Net  Income  Appropriated  for  Sinking  Funds .  123 

651.  Net  Income  Appropriated  for  Other  Reserve  Funds  .  124 

652.  Net  Income  Appropriated  for  Dividends .  124 

653.  Net  Income  Appropriated  for  Investment  in  Fixed  Capital  124 


INDEX  TO  INCOME  ACCOUNTS 


PRESCRIBED  FOR  “CLASS  C”  NATURAL  GAS  UTILITIES. 

NET  INCOME  AND  NET  INCOME  APPROPRIATION  ACCOUNTS. 
Account 

Number.  Name  of  Account.  Page. 

VI.  NET  INCOME  OR  LOSS  ACCOUNT. 

025.  Profit  and  Loss — Current  Year  .  123 

VII.  NET  INCOME  APPROPRIATION 

ACCOUNTS. 

050-051.  Net  Income  Appropriated  for  Reserve  Funds .  123 

052.  Net  Income  Appropriated  for  Dividends .  124 

053.  Net  Income  Appropriated  tor  Investment  in  Fixed  Capital  124 


123 


TEXT  EXPLANATORY  OF  INCOME  ACCOUNTS. 

VI.  NET  INCOME  OR  LOSS  ACCOUNT. 

t 

(525.  Profit  and  Loss — Current  Year — (Classes  A  B  and  C). 

At  the  close  of  each  fiscal  period  the  utility  shall  transfer  to  this 
account  all  of  the  balances  in  its  operating  revenue  and  expense  accounts, 
non  operating  revenue  and  expense  accounts,  and  gross  income  deduction 
accounts.  The  result  obtained  by  assembling  in  this  account  all  of  these 
credit  and  debit  balances  is  the  net  income  or  net  loss  of  the  utility  for 
the  fiscal  year  to  which  they  pertain. 

If  it  is  the  practice  of  the  utility  to  appropriate  any  of  its  net  income 
for  sinking  funds  and  other  reserves,  or  for  dividends,  or  for  investment 
in  fixed  capital,  it  shall  charge  the  amounts  of  such  appropriations  to 
this  account.  After  these  charges  .have  been  made,  it  shall  close  this 
account  by  transferring  the  balance  to  “1ST.  Corporate  Surplus  Unappro¬ 
priated”’  account.  If  it  does  not  make  any  such  appropriations  it  shali 
transfer  the  net  income  or  loss  to  “1ST.  Corporate  Surplus  Unappro¬ 
priated"  account. 

If  the  utility  is  a  sole  proprietorship  or  a  partnership  it  shall  close  this 
account  by  .the  transfer  of  the  proper  share  in  the  profit  or  loss  to  the 
appropriate  proprietors  capital  accounts. 

This  account  shall  be  closed  at  the  end  of  each  fiscal  period. 

VII.  NET  INCOME  APPROPRIATION  ACCOUNTS. 

Charge  to  the  appropriate  numbered  accounts  listed  under  this  caption 
or  to  the  appropriate  subcaptions  under  which  such  numbered  accounts 
are  listed  the  amounts  which  the  utility  appropriates  from  its  net  income 
during  each  fiscal  period  for  sinking  and  other  reserve  funds,  dividends, 
or  investment  in  fixed  capital. 

At  the  end  of  each  fiscal  period  it  shall  close  all  of  these  accounts  into 
“025.  Profit  and  Loss — Current  Year”  account. 

These  subcaptions  as  well  as  the  numbered  accounts  listed  under  them 
are  account  titles.  The  letter,  or  letters,  after  each  subcaption  or  num¬ 
bered  account  indicates  the  class  of  the  utility  that  is  required  to  carry 
the  account  title  prefixed  thereto. 

Net  Income  Appropriated  for  Reserve  Funds — (Class  C). 

050.  Net  Income  Appropriated  for  Sinking  Funds — (Classes  A  and  B). 

Charge  to  this  account  and  credit  to  “185.  Surplus  Reserved  for  Sink¬ 
ing  Funds”  account  the  amounts  that  are  definitely  set  aside  from  the 
net  income  of  the  utility  and  invested  or  placed  in  the  care  of  its  trustees 
or  other  fiscal  agents  for  the  purpose  of  providing  funds  for  the  redemp¬ 
tion  of  funded  debt  obligations  that  have  been  issued  or  assumed  by  it 
subject  to  sinking  fund  requirements. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  name  of  each  sinking 
fund  and  the  amount  appropriated  to  it  during  each  year  from  the  ner 
income  of  the  utility,  and  the  basis  upon  which  appropriations  are  made 
for  each  fund. 


124 


Net  Income  Appropriation  Accounts. 

del.  Net  Income  Appropriated  for  Other  Reserve  Funds — (Classes  A 
and  B). 

Charge  to  this  account  and  credit  to  “180.  Other  Surplus  Reserves’* 
account  the  amounts  set  aside  from  the  net  income  of  the  utility  and  held 
in  reserve  for  purposes  not  provided  for  elsewhere. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  name  and  purpose  of 
each  reserve  for  which  charges  are  made  to  this  account,  the  amount 
appropriated  to  it  during  each  fiscal  period  from  the  net  income  of  the 
utility,  and  the  basis  upon  which  such  appropriation  is  made. 

052.  Net  Income  Appropriated  for  Dividends — (Classes  A  B  and  C). 

Charge  to  this  account  and  credit  to  “170.  Dividends  Payable”  account 
the  amount  of  dividends  declared  from  tthe  net  income  of  the  utility  upon 
the  actually  outstanding  capital  stock  that  lias  been  issued  or  assumed 
by  it. 

This  account  shall  not  include  charges  for  dividends  on  any  capital 
stock,  issued  or  assumed  by  the  utility,  which  is  owned  by  it  and  either 
held  in  its  treasury,  special  deposits,  sinking  or  other  reserve  funds, 
or  pledged  as  collateral. 

i 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  name  of  each  class  of 
stock  the  dividends  declared  on  which  were  charged  to  this  account,  the 
par  value  of  each  class  of  such  stock  and  the  rate  and  amount  of  dividends 
declared  thereon,  the  resolution  by  which  each  dividend  was  declared, 
the  date  of  its  declaration  and  the  date  of  its  payment,  whether  it  is 
to  be  paid  in  cash,  stock  or  otherwise. 

053.  Net  Income  Appropriated  for  Investment  in  Fixed  Capital — (Classes  A 
B  and  C) . 

Charge  to  this  account  and  credit  to  “183.  Surplus  Invested  in  Fixed 
Capital  After  January  1,  1919”  account  the  amounts  that  are  definitely 
set  aside  from  the  net  income  of  the  utility  and  actually  expended  for 
the  acquisition  of  land  and  completed  structures  and  equipment,  or  for 
the  construction  of  structures  and  equipment,  or  for  any  additions  and 
betterments  thereto. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept 
that  the  utility  can  furnish  information  as  to  the  specific  items  of  fixed 
capital  acquired  or  constructed  under  each  appropriation  and  the  amount 
expended  thereunder. 


125 


INDEX  TO  SURPLUS  ACCOUNTS 

PRESCRIBED  FOR  CLASSES  A  B  AND  C  NATURAL  GAS  UTILITIES. 
SURPLUS  CREDIT  AND  SURPLUS  DEBIT  ACCOUNTS. 


Account 

Number.  Name  of  Account.  Class.  Page. 


I.  SURPLUS  CREDIT  ACCOUNTS. 


TOO. 

Additions  to  Surplus  . 

Uncollectible  Consumers’  Accounts  Recov¬ 
ered  . 

A 

C 

B 

12S 

128 

701. 

Uncollectible  Non  Operating  Revenues  Recov¬ 
ered  . 

A 

B 

128 

702. 

Other  Additions  to  Surplus  . 

A 

B 

128 

II.  SURPLUS  DEBIT  ACCOUNTS. 

Surplus  Appropriated  for  Reserves  . 

C 

129 

703. 

Surplus  Appropriated  for  Sinking  Funds  .... 

A 

B 

129 

704. 

Surplus  Appropriated  for  Other  Reserve 

Funds  . 

A 

B 

129 

705. 

Surplus  Appropriated  for  Dividends  . 

A 

B 

C 

129 

706. 

Surplus  Appropriated  for  Investment  in  Fixed 

Capital  . 

A 

B 

C 

130 

Surplus  Appropriated  for  Other  Purposes . 

C 

130 

707 . 

Gifts  to  Affiliated  Companies  . 

A 

B 

130 

708. 

Expenses  Unprovided  for  Elsewhere  . 

A 

B 

130 

700. 

Aatortization  Unprovided  for  Elsewhere  .... 

A 

B 

131 

710. 

Other  Appropriations  of  Surplus  . 

A 

B 

131 

711. 

Other  Deductions  from  Surplus  . 

A 

B 

C 

131 

712. 

Uncollectible  Consumers’  Accounts— Old  Year 

A 

B 

C 

131 

713. 

Uncollectible  Non  Operating  Revenues — Old 

Year  . 

A 

B 

c 

132 

12G 


INDEX  TO  SURPLUS  ACCOUNTS 
PRESCRIBED  FOR  “CLASS  B”  NATURAL  GAS  UTILITIES. 
SURPLUS  CREDIT  AND  SURPLUS  DEBIT  ACCOUNTS. 


Account 

Number.  Name  of  Account.  Page. 


I.  SURPLUS  CREDIT  ACCOUNTS. 


700.  Uncollectible  Consumers’  Accounts  Recovered . 

701.  Uncollectible  Non  Operating  Revenues  Recovered . . 

702.  Other  Additions  to  Surplus  . 


128 

128 

128 


II.  SURPLUS  DEBIT  ACCOUNTS. 

703.  Surplus  Appropriated  for  Sinking  Funds  .  129 

704.  Surplus  Appropriated  for  Other  Reserve  Funds .  12!) 

70.7.  Surplus  Appropriated  for  Dividends .  129 

700.  Surplus  Appropriated  for  Investment  in  Fixed  Capital  .  .  130 

707.  Gifts  to  Affiliated  Companies .  130 

708.  Expenses  Unprovided  for  Elsewhere .  130 

709.  Amortization  Unprovided  for  Elsewhere .  131 

710.  Other  Appropriations  of  Surplus  .  131 

711.  Other  Deductions  from  Surplus .  131 

712.  Uncollectible  Consumers’  Accounts — Old  Year .  131 

713.  Uncollectible  Non  Operating  Revenues — Old  Year .  132 


V 


127 


INDEX  TO  SURPLUS  ACCOUNTS 
PRESCRIBED  FOR  “CLASS  C”  NATURAL  GAS  UTILITIES. 
SURPLUS  CREDIT  AND  SURPLUS  DEBIT  ACCOUNTS. 


Account 

Number.  Name  of  Account.  Page. 

» 

I.  SURPLUS  CREDIT  ACCOUNTS. 

700-702.  Additions  to  Surplus .  12S 


II.  SURPLUS  DEBIT  ACCOUNTS. 

703-704.  Surplus  Appropriated  for  Reserves  . 

705.  Surplus  Appropriated  for  Dividends . 

70(5.  Surplus  Appropriated  for  Investment  in  Fixed  Capital  . . 
707-710.  Surplus  Appropriated  for  Other  Purposes  . 

711.  Other  Deductions  from  Surplus  . *. . 

712.  Uncollectible  Consumers’  Accounts — Old  Year . 

713.  Uncollectible  Non  Operating  Revenues — Old  Year . 


120 

129 

130 

130 

131 

131 

132 


i 


12S 


TEXT  EXPLANATORY  OF  SURPLUS  ACCOUNTS. 

I.  SURPLUS  CREDIT  ACCOUNTS. 

Credit  to  the  appropriate  numbered  accounts  listed  under  this  caption 
or  to  the  appropriate  subcaptions  under  which  such  numbered  accounts 
are  listed  the  amounts,  except  the  amount  of  profit  transferred  from  “625. 
Profit  and  Loss — Current  Year”  account,  that  represent  additions  to 
the  surplus  of  the  utility  during  each  fiscal  period. 

At  the  end  of  each  fiscal  period  the  utility  shall  close  all  of  these 
accounts  into  “1ST.  Corporate  Surplus  Unappropriated”  account. 

These  subcaptions  as  well  as  the  numbered  accounts  listed  under  them 
are  account  titles.  The  letter,  or  letters,  after  each  subcaption  or  num¬ 
bered  account  indicates  the  class  of  the  utility  that  is  required  to  keep 
the  account  title  prefixed  thereto. 

Additions  to  Surplus — (Class  C). 

700.  Uncollectible  Consumers’  Accounts  Recovered — (Classes  A  and  B). 

Credit  to  this  account  all  amounts  collected  by  the  utility  on  those 

accounts  with  consumers  which  have  been  charged  during  previous  years 
either  to  “449.  Uncollectible  Consumers’  Accounts”  or  “712.  Uncol¬ 
lectible  Consumers’  Accounts — Old  Year”  account. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  debtor  the 
collection  of  whose  debt  is  credited  to  this  account,  the  amount  collected 
from  each  debtor,  the  date  when  the  debt  was  incurred,  and  the  date  when 
it  was  charged  off  as  uncollectible. 

701.  Uncollectible  Non  Operating  Revenues  Recovered — (Classes  A  and  B). 

Credit  to  this  account  all  amounts  collected  by  the  utility  on  those 

accounts  which  result  from  the  non  operating  activities  of  the  utility 
and  which  have  been  charged  during  previous  years  to  “559.  Uncollecti¬ 
ble  Non  Operating  Revenues”  account. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  debtor  the 
collection  of  whose  debt  is  credited  to  this  account,  the  amount  collected 
from  each  debtor,  the  date  when  such  debt  was  incurred,  and  the  date 
when  it  was  charged  off  as  uncollectible.  I 

702.  Other  Additions  to  Surplus — (Classes  A  and  B). 

Credit  to  this  account  all  those  amounts  not  provided  for  elsewhere 
that  are  added  to  the  surplus  of  the  utility  and  are  not  assignable  to 
its  income. 

In  the  credits  to  this  account  include  additions  due  to  the  adjustment  of 
errors  that  occurred  in  previous  accounting  periods;  profits  derived  from 
the  sales  of  property  not  used  by  the  utility  in  the  conduct  of  its  natural 
gas  operations;  profits  that  result  from  adjustments  due  to  the  recording 
on  the  books  of  the  utility  at  par  value  securities  issued  or  assumed  by  it 
and  later  reacquired  at  a  cost  below  par  value;  profits  that  result  from 


129 


Surplus  Debit  Accounts. 

the  resale  of  such  securities;  the  unaniortized  portion  of  the  premium 
on  those  items  of  the  utility’s  funded  debt  that  are  retired  before  their 
maturity;  premium  on  capital  stock  at  the  time  the  stock  in  which  it  was 
realized  is  retired;  and  like  additions. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  nature  and  amount  of  each 
different  credit  to  this  account. 


II.  SURPLUS  DEBIT  ACCOUNTS. 

Charge  to  the  appropriate  numbered  accounts  listed  under  this  caption 
or  to  the  appropriate  subcaptions  under  which  such  numbered  accounts  are 
listed  the  amounts,  except  the  amount  of  loss  transferred  from  “625. 
Profit  and  Loss — Current  Year”  account,  that  represent  subtractions 
from  surplus  of  the  utility  during  each  fiscal  period. 

At  the  end  of  each  fiscal  period  the  utility  shall  close  all  of  these 
accounts  into  “187.  Corporate  Surplus  Unappropriated”  account. 

These  subcaptions  as  well  as  the  numbered  accounts  listed  under  them 
are  account  titles.  The  letter,  or  letters,  after  each  subcaption  or  num¬ 
bered  account  indicates  the  class  of  the  utility  that  is  required  to  keep 
the  account  title  prefixed  thereto. 

Surplus  Appropriated  for  Reserves — (Glass  C). 

703.  Surplus  Appropriated  for  Sinking  Funds — (Classes  A  and  B). 

Charge  to  this  account  and  credit  to  “185.  Surplus  Reserved  for  Sink¬ 
ing  Funds”  account,  the  amounts  that  are  definitely  set  aside  from  the 
surplus  of  the  utility  and  invested  or  placed  in  the  care  of  its  trustees, 
or  other  fiscal  agents,  for  the  purpose  of  providing  funds  for  the  redemp¬ 
tion  of  funded  debt  obligations  that  have  been  issued,  or  assumed,  by  it 
subject  to  sinking  fund  requirements. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  sinking  fund 
and  the  amount  appropriated  to  it  during  each  year  from  the  surplus 
of  the  utility,  and  the  basis  upon  which  such  appropriation  is  made. 

704.  Surplus  Appropriated  for  Other  Reserve  Funds — (Classes  A  and  B). 

Charge  to  this  account  and  credit  to  “186.  Other  Surplus  Reserves” 

account,  the  amounts  that  are  set  aside  from  the  surplus  of  the  utility 
and  held  in  reserve  for  purposes  not  provided  for  elsewhere. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  and  purpose  of  each 
reserve  for  which  charges  are  made  to  this  account,  the  amount  appropri¬ 
ated  to  it  during  each  fiscal  period  from  the  surplus  of  the  utility,  and 
the  basis  upon  which  such  appropriation  is  made. 

705.  Surplus  Appropriated  for  Dividends — (Classes  A  B  and  C). 

Charge  to  this  account  and  credit  to  “170.  Dividends  Payable”  account 
the  amount  of  dividends  declared  from  the  surplus  of  the  utility  upon  all 
actually  outstanding  capital  stock  issued  or  assumed  by  it. 


9 


130 

Surplus  Debit  Accounts. 

This  account  shall  not  include  charges  for  dividends  on  any  capital 
stock,  issued  or  assumed  by  the  utility,  which  is  owned  by  it  and  either 
held  in  its  treasury,  special  deposits,  sinking  or  other  reserve  funds,  or 
pledged  as  collateral. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  class  of  stock, 
the  dividends  declared  on  which  were  charged  to  this  account,  the  par 
value  of  each  class  of  such  stock  and  the  rate  and  amount  of  dividends 
declared  thereon,  the  resolution  oy  which  each  dividend  was  declared,  the 
date  of  its  declaration  and  the  date  of  its  payment,  and  whether  it  is  to 
be  paid  in  cash,  stock  or  otherwise. 


TOG.  Surplus  Appropriated  for  Investment  in  Fixed  Capital — (Classes  A  R 
and  C). 

Charge  to  this  account  and  credit  to  “183.  Surplus  Invested  in  Fixed 
Capital  After  January  1,  1919”  account  the  amounts  that  are  definitely 
set  aside  from  the  surplus  of  the  utility  and  actually  expended  for  the 
acquisition  of  land  and  completed  structures  and  equipment,  or  for  the 
construction  of  new  structures  and  the  purchase  of  new  equipment,  or 
for  additions  to  land,  or  for  additions  and  betterments  to  structures  and 
equipment. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  specific  items  of  fixed  capital 
acquired  or  constructed  under  each  appropriation  and  the  amount  ex¬ 
pended  thereunder. 


Surplus  Appropriated  for  Other  Purposes — (Class  C). 

707.  Gifts  to  Affiliated  Companies — (Classes  A  and  B). 

Charge  to  this  account  the  amounts  which  the  utility  gives,  without 
expectation  of  reimbursement,  to  those  natural  gas  utilities,  other  utili¬ 
ties,  and  non  utilities  that  are  affiliated  with  it  in  any  way. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  affiliated  com¬ 
pany  to  which,  the  utility  gives  such  gifts,  and  the  amount  and  purpose 
of  each  gift. 


70S.  Expenses  Unprovided  for  Elsewhere — -(Classes  A  and  B). 

Charge  to  this  account  all  expenses  incurred  by  the  utility  that  are 
not  applicable  to  either  its  operating  or  non-operating  expense  accounts. 

In  the  charges  to  this  account  include  such  items  as  fines  levied  on  the 
utility  for  violations  of  law,  misfeasance,  non-feasance,  etc.;  fines  paid 
by  it  that  are  imposed  on  its  directors,  other  officers,  or  employees;  dona¬ 
tions  made  to  churches  and  others;  and  like  expenses  incurred  by  the 
utility. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  nature  and  amount  of  each 
different  charge  to  this  account. 


VM 


Surplus  Debit  Accounts. 

709.  Amortization  Unprovided  for  Elsewhere — (Classes  A  and  B). 

Charge  to  this  account  and  credit  as  it  is  applicable  to  either  “1.32. 

Property  Abandoned”  or  “133.  Extraordinary  Casualties”  account  that 
portion  of  the  loss  on  property  abandoned  by  the  utility  or  destroyed  by 
extraordinary  casualties,  which  The  Public  Service  Commission  has 
directed  the  utility  to  amortize  by  charges  to  its  surplus. 

Charge  also  to  this  account  and  credit  as  they  are  applicable  either 
to  “200.  Organization”  or  “203.  Other  Intangible  Capital”  account  the 
amounts  necessary  to  provide  for  the  amortization  of  those  items  of 
intangible  fixed  capital  which  are  being  amortized  voluntarily  by  the 
utility. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amounts  charged  to  this 
account  for  each  of  the  above  items. 

710.  Other  Appropriations  of  Surplus — (Classes  A  and  B). 

Charge  to  this  account  all  appropriations  of  surplus  made  by  the 
utility  and  not  provided  for  elsewhere. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  amount  and  purpose  of  each 
different  appropriation  made  during  each  year. 

711.  Other  Deductions  from  Surplus — (Classes  A  B  and  C). 

Charge  to  this  account  all  those  amounts  not  provided  for  elsewhere 
that  are  deducted  from  the  surplus  of  the  utility  and  are  not  chargeable 
to  its  income. 

In  the  charges  to  this  account  include  deductions  due  to  the  adjustment 
of  errors  that  occurred  in  previous  accounting  periods;  losses  on  sales 
of  property  not  used  by  the  utility  in  the  conduct  of  its  natural  gas 
operations;  losses  that  result  from  adjustment  due  to  recording  on  the 
books  of  the  utility  at  par  value  securities  issued  or  assumed  by  it  and 
later  reacquired  at  a  cost  above  par  value;  the  losses  that  result  from  the 
resale  of  such  securities,  the  unamortized  portion  of  the  discount  and 
expense  of  those  items  of  the  utility’s  funded  debt  that  are  retired 
before  their  maturity;  and  like  deductions. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  nature  and  amount  of  each 
different  charge  to  this  account. 

712.  Uncollectible  Consumers’  Accounts — Old  Year — (Classes  A  B  and  C). 

Charge  to  this  account  and  credit  to  “119.  Accounts  Receivable  From 
Consumers”  account  the  amounts  of  those  consumers  accounts  which 
were  charged  to  “119.  Accounts  Receivable  From  Consumers”  account 
prior  to  the  current  year  and  which  prove  impossible  of  collection  because 
of  the  removal  of  such  consumers  beyond  the  jurisdiction  of  the  State, 
the  operation  of  the  statute  of  limitation,  discharge  in  bankruptcy,  or 
for  any  other  good  and  sufficient  reason. 

If  the  utility  carries  a  reserve,  charge  the  amounts  of  such  uncollectible 
account  to  “181.  Uncollectible  Consumers’  Accounts  Reserve”  account. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  debtor  whose 
uncollectible  account  has  been  charged  to  this  account,  the  reason  and 
authority  for  making  such  charge,  and  the  age  and  amount  of  each 
account  charged  hereto. 


132 


Surplus  Debit  Accounts. 

713.  Uncollectible  Non  Operating  Revenues — Old  Year — (Classes  A  B  and  C). 

Charge  to  this  account  and  credit  to  the  asset  account  to  which  it 
was  previously  charged,  the  amount  of  any  revenue  that  had  been  credited 
to  any  of  the  non  operating  revenue  accounts  prior  to  the  current  year 
and  has  proved  to  be  uncollectible  during  the  current  year. 

The  records  supporting  the  entries  to  this  account  shall  be  so  kept  that 
the  utility  can  furnish  information  as  to  the  name  of  each  debtor  whose 
uncollectible  account  has  been  charged  to  this  account;  the  reason  and 
authority  for  making  each  charge  to  this  account;  the  nature,  age  and 
amount  of  each  account  chargeable  hereto. 


> 


/•\ 


i 


i  m 


APPENDIX. 


BALANCE  SHEET  ACCOUNTS 

PRESCRIBED  FOR  “CLASS  D”  NATURAL  GAS  UTILITIES. 

The  following  Balance  Sheet  Accounts  are  prescribed  for  “Class  D“ 
utilities.  Some  of  these  accounts  are  the  same  in  title  and  substance  as 
certain  balance  sheet  accounts  prescribed  for  “Class  A’’,  “Class  B”,  and 
“Class  C”  utilities.  Others  are  summary  accounts  of  certain  other  “Class 
A”,  “Class  B”,  and  “Class  C”  balance  sheet  accounts. 

Where  a  balance  sheet  account  prescribed  for  a  “Class  D”  utility  is 
identical  in  the  title  and  substance  with  one  prescribed  for  the  other  classes 
of  utilities  the  number  of  the  account  with  which  it  is  identical  is  referred 
7  to  under  the  title  of  the  “Class  D”  account.  In  like  manner  where  the 

balance  sheet  account  prescribed  for  a  “Class  D”  utility  is  a  summary 
account  of  certain  accounts  prescribed  for  the  other  classes  of  utilities 
the  numbers  of  each  of  the  accounts  of  which  the  “Class  D”  account  is 
a  summary  account  is  referred  to  under  the  title  of  the  “Class  D”  account. 
By  consulting  the  accounts  referred  to  by  number  under  any  of  its  balance 
sheet  accounts  a  “Class  D”  utility  can  determine  the  items  that  it  should 
charge  or  credit  to  such  account. 


ASSET  ACCOUNTS. 

1 .  Fixed  Capital  Installed  Prior  to  January  1,  1919. 

The  content  of  this  account  is  described  in  account  number  100. 


2.  Fixed  Capital  Installed  Since  December  31,  1918. 

The  content  of  this  account  is  described  in  account  number  101. 

3.  Depreciation  of  Structures  and  Equipment  Reserve. 

The  content  of  this  account  is  described  in  account  number  102. 

4.  Amortization  of  Intangible  Capital  Reserve. 

The  content  of  this  account  is  described  in  account  number  103. 


5.  Property  Used  in  Other  Public  Services. 

The  content  of  this  account  is  described  in  account  number  107. 


6.  Other  Investments. 

The  content  of  this  account  is  described  in  account  numbers  100,  10S 
and  109. 

) 

7.  Reacquired  Securities. 

The  content  of  this  account  is  described  in  account  numbers  110  and  111. 


S.  Fund  Accounts. 

The  content  of  this  account  is  described  in  account  numbers  112  and  113 
9.  Cash. 

The  content  of  this  account  is  described  in  account  number  117. 


10.  Notes  Receivable. 

The  content  of  this  account  is  described  in  account  number  118. 


m 


Balance  Sheet  Accounts. 


11.  Accounts  Receivable. 

The  content  of  this  account  is  described  in  account  numbers  119,  120 
and  121. 


12.  Materials  and  Supplies. 

The  content  of  this  account  is  described  in  account  number  12.2. 

13.  Other  Current  Assets. 

The  content  of  this  account  is  described  in  account  number  124. 


14 .  Prepaid  Accounts. 

The  content  of  this  account  is  described  in  account  numbers  120,  127,  12S 
and  129. 


15.  Deferred  Charge  Accounts. 

The  content  of  this  account  is  described  in  account  numbers  130,  131,  132, 
133,  124  and  135. 


LIABILITY  ACCOUNTS. 

10.  Capital  Stock. 

The  content  of  this  account  is  described  in  account  number  150. 

17.  Non  Corporate  Proprietorship. 

The  content  of  this  account  is  described  in  account  numbers  154  and  155. 
IS.  Bonds. 

The  content  of  this  account  is  described  in  account  number  156. 

19.  Other  Funded  Debt. 

The  content  of  this  account  is  described  in  account  numbers  157,  138 
and  159. 

20.  Notes  Payable. 

The  content  of  this  account  is  described  in  account  number  163. 

21.  Accounts  Payable. 

The  content  of  this  account  is  described  in  account  numbers  164,  165,  166, 
167,  168,  169,  170  and  171. 

22.  Other  Current  Liabilities. 

The  content  of  this  account  is  described  in  account  number  172. 

23.  Taxes  Accrued. 

The  content  of  this  account  is  described  in  account  number  175. 

24.  Other  Accrued  Liabilities. 

The  content  of  this  account  is  described  in  account  numbers  173,  174 
and  176. 

25.  Deferred  Credit  Accounts. 

The  content  of  this  account  is  described  in  account  numbers  177  and  178. 

» 

26.  Reserve  Accounts. 

The  content  of  this  account  is  described  in  account  numbers  179,  ISO, 
1S1  and  182. 

27.  Corporate  Surplus. 

The  content  of  this  account  is  described  in  account  number  187. 


135 


INCOME  ACCOUNTS 

PRESCRIBED  FOR  “CLASS  D”  NATURAL  GAS  UTILITIES. 

The  following  Income  Accounts  are  prescribed  for  “Class  D”  utilities. 
Some  of  these  accounts  are  the  same  in  title  and  substance  as  certain 
“Glass  A”  income  accounts.  Others  are  summary  accounts  of  certain  other 
“Class  A”  income  accounts. 

Where  an  income  account  prescribed  for  a  “Class  D”  utility  is  identical 
»  in  title  and  substance  with  one  prescribed  for  “Class  A”  utilities  the  num¬ 

ber  of  the  “Class  A”  account  with  which  it  is  identical  is  referred  to  under 
the  title  of  the  “Class  D”  account.  In  like  manner  where  an  income 
account  prescribed  for  a  “Class  D”  utility  is  a  summary  account  of  certain 
“Class  A”  income  accounts  the  number  of  each  of  the  “Class  A”  accounts 
of  which  the  “Class  D”  account  is  a  summary  account  is  referred  to  under 
?  the  title  of  the  “Class  D”  account.  By  consulting  the  “Class  A”  accounts 

referred  to  by  number  under  any  of  its  income  accounts,  a  “Class  D” 
utility  can  determine  the  items  that  it  should  charge  or  credit  to  such 
account. 


0 


I.  OPERATING  REVENUE  ACCOUNTS. 

30.  Private  Sales. 

The  content  of  this  account  is  described  in  account  numbers  300,  301, 
302,  303,  307,  30S,  300,  310  and  311. 

31.  Public  Sales. 

The  content  of  this  account  is  described  in  account  numbers  306,  314 
and  315. 

32.  Sales  to  Other  Natural  Gas  Utilities  for  Resale. 

The  content  of  this  account  is  described  in  account  numbers  304,  305, 
312  and  313. 

33.  Consumers  Discounts  Forfeited  and  Penalties  Imposed. 

The  content  of  this  account  is  described  in  account  number  316. 

34.  Allowances  to  Consumers. 

The  content  of  this  account  is  described  in  account  number  317. 


II.  OPERATING  EXPENSE  ACCOUNTS. 

35.  Production  System  Labor. 

The  content  of  this  account  is  described  in  account  numbers  350,  551, 
352  and  353. 

36.  Production  System  Supplies  and  Expenses. 

The  content  of  this  account  is  described  in  account  numbers  354,  35u, 
356,  357  and  358. 

37.  Maintenance  of  Production  System  Properties. 

The  content  of  this  account  is  described  in  account  numbers  359,  360, 
361,  362,  363,  364,  365,  366  and  367. 


136 


38. 


39. 


40. 


41 


42. 

43. 

44. 


45. 


40. 


47. 


48. 


49. 


50. 


51. 


52. 


Income  Accounts. 


Natural  Gas  Purchased  for  Resale. 

The  content  of  this  account  is  described  in  account  numbers  36S  and  309. 

Transmission  and  Distribution  System  Labor. 

The  content  of  this  account  is  described  in  account  numbers  370,  371,  372, 
373,  374,  388,  389,  390,  391,  392,  393,  407,  408,  409  and  410. 

Transmission  and  Distribution  System  Supplies  and  Expenses. 

The  content  of  this  account  is  described  in  account  numbers  375,  370, 
377,  378,  379,  380,  394,  395,  396,  397,  398,  411,  412,  413  and  414. 

Maintenance  of  Transmission  and  Distribution  System  Properties. 

The  content  of  this  account  is  described  in  account  numbers  381,  382, 
383,  384,  3S5,  386,  387,  399,  400,  401,  402,  403,  404,  405,  406,  415,  416,  417 
and  418. 

Salaries  of  General  Officers. 

The  content  of  this  account  is  described  in  account  number  424. 


Salaries  of  General  Clerks. 

The  content  of  tnis  account  is  described  in  account  number  425. 

Salaries  and  Wages  of  Other  General  Employees. 

The  content  of  this  account  is  described  in  account  numbers  419,  421, 
422,  435,  436,  437,  438,  439  and  440. 

General  Supplies  and  Expenses. 

The  content  of  this  account  is  described  in  account  numbers  420,  423, 
426,  427,  428,  429,  430,  431,  432,  441,  442,  443,  444,  445,  446,  450,  451,  452, 
4o3,  4o4,  455,  4o6,  4»h,  458  and  4io. 

Natural  Gas  Franchise  Requirements. 

The  content  of  this  account  is  described  in  account  number  447. 


Taxes. 

The  content  of  this  account  is  described  in  account  number  448. 

Uncollectible  Consumers’  Accounts. 

The  content  of  this  account  is  described  in  account  number  449. 

Maintenance  of  General  Properties. 

( 

The  content  of  this  account  is  described  in  account  numbers  433,  434,  459, 

460,  461',  462,  463,  464,  465,  466,  467,  468,  469,  470  and  471. 

Depreciation. 

The  content  of  this  account  is  described  in  account  number  472. 
Extraordinary  Depreciation. 

The  content  of  this  account  is  described  in  account  number  473. 

Amortization  of  Franchises,  Patent  Rights  and  Licenses. 

The  content  of  this  account  is  described  in  account  number  474. 


137 


Income  and  Surplus  Accounts. 

53 . 

III.  NON  OPERATING  REVENUE  AND  EXPENSE  ACCOUNTS. 

Non  Operating  Revenue. 

The  content  of  this  account  is  described  in  account  numbers  500  to  514 
inclusive. 

54. 

Non  Operating  Expense. 

The  content  of  this  account  is  described  in  account  numbers  550  to  562 
inclusive. 

$ 

IV.  GROSS  INCOME  DEDUCTION  ACCOUNTS. 

5o  • 

Interest  Deductions. 

The  content  of  this  account  is  described  in  account  numbers  603  and  604. 

?  50. 

Other  Deductions  from  Income. 

The  content  of  this  account  is  described  in  account  number^  600,  601, 
602,  605,  606,  607,  608,  609,  610  and  611. 

57 . 

V.  NET  INCOME  OR  LOSS  ACCOUNT. 

Profit  and  Loss — Current  Year. 

The  content  of  this  account  is  described  in  account  number  625. 

58 . 

SURPLUS  ACCOUNTS 

PRESCRIBED  FOR  “CLASS  I>”  NATURAL  GAS  UTILITIES. 

The  following  surplus  accounts  are  prescribed  for  “Class  D”  utilities. 
Each  of  these  accounts  is  a  summary  account  of  certain  “Class  A"  surplus 
account*. 

Under  the  title  of  each  “Class  D’’  surplus  account  appear  the  numbers 
of  the  “Class  A”  accounts  of  which  the  “Class  D“  account  is  a  summary 
account.  By  consulting  the  “Class  A”  accounts  referred  to  by  number 
under  any  of  its  surplus  accounts,  a  “Class  D”  utility  can  determine  the 
items  that  it  should  charge  or  credit  to  such  account. 

Additions  to  Surplus. 

* 

The  content  of  this  account  is  described  in  account  numbers  700  to  702 
inclusive. 

59. 

Appropriations  of  Surplus. 

1 

The  content  of  this  account  is  described  in  account  numbers  703  to  710 

inclusive. 

60. 

Other  Surplus  Charges. 

The  content  of  this  account  is  described  in  account  numbers  711  to  713 
inclusive. 

